YEREVAN, August 31. /ARKA/. Inflation in Armenia in August 2011 compared to the same period in 2010 was 4.8%, Armenian National Statistic Service informed. This figure is mainly due to rising prices of food products (including alcoholic drinks and cigarettes) by 6.9% and non-food products – 3%.
In August 2011 compared to August 2010 prices for services increased by 2.1%.
Consumer price index in January-August 2011 compared to the same period of 2010 was 108.8%, including food products – (alcoholic drinks and cigarettes) – 113.2% , non-food products -103.1% and services – 104.3%.
In January-August monthly decline of consumer prices was 0.03% instead of average monthly growth of 0.6% for the same period of the last year.
In August compared with July consumer index reduced by 0.6%. Prices for food products (including alcoholic drinks and cigarettes) reduced by 1%, non-food products – 0.1% and services increased by 0.1%.
In August compared to July in all the studied cities of the country consumer prices reduced by 1.4-0.1%, the highest decrease was recorded in the city Martuni. Consumer prices reduced 0.6% in the same period in Yerevan .
According to the state budget, inflation in Armenia was planned for 2011 on the level of 4% (±1.5%).–0—
| August 2011 | ||||
| August 2011 to December 2010 | August 2011 to August 2010 | January-August to 2011 January-August 2010 | August 2011 to June 2011 | |
| Index of consumer prices – total | 99.8 | 104.8 | 108.8 | 99.4 |
| Consumer goods | 98.8 | 106.0 | 110.9 | 99.2 |
| Food products | 97.6 | 107.5 | 114.5 | 98.8 |
| alcoholic drinks and cigarettes | 101.3 | 101.4 | 100.7 | 100.8 |
| Non-food products | 101.9 | 103.0 | 103.1 | 99.9 |
| Services | 102.2 | 102.1 | 104.3 | 100.1 |
Data of the Armenian National Statistic Service (in %)
