YEREVAN, May 31. /ARKA/. The inflation in 2011 May grew by 9% year-on-year, the National Statistical Service of Armenia reported today, saying the growth was due to a 14.7% rise in food prices and a 2.5% rise in service prices. The prices of non foods in the period of time under review were said to have risen by 2.4%
Consume price index (CPI) in January-May 2011 rose by 10.2% from a year earlier, including a 15% rise in food prices, a 5.4% in service prices and a 3.1% rise in non-foods prices. Consume prices rose on average by 0.98% a month in January-May 2011, by 0.06 p.p. higher than in the same time span of last year.
In May consume price index did not change if compared to 2011 April. Food prices did not change either while prices of non-foods rose by 0.5% and those of services dropped by 0.1%. The government inflation projection for 2011 is 4% (±1.5%). -0-
(%)
| May 2011 | ||||
| May
2011 versus December 2010 |
May 2011 versus May 2010 | Jan.-May 2011 versus Jan.-May 2010 | May
2011 versus April 2011 |
|
| Total consumer price index | 105.0 | 109.0 | 110.2 | 100.0 |
| Consumer goods | 106.1 | 111.9 | 112.3 | 100.1 |
| Foods | 108.0 | 116.2 | 116.5 | 100.0 |
| Alcoholic drinks, tobacco produces | 100.2 | 100.4 | 100.7 | 100.0 |
| Non-foods | 102.0 | 102.4 | 103.1 | 100.5 |
| Services | 102.3 | 102.5 | 105.4 | 99.9 |
