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Armenia’s july inflation rises by 2.3 percent

YEREVAN, July 31. /ARKA/. The inflation in Armenia in July of this year rose by 2.3% from a year earlier, mainly due to a 4.4 percent rise in prices for non-food goods and a 2.3 percent rise in services, according to National Statistical Service. According to the Statistical Service, food prices (including alcoholic beverages and tobacco products) increased by 1.4% year-on-year.
The consumer price index in January-July 2012 if compared to the same period in 2011 amounted to 2.3%; prices of foods (including alcoholic beverages and tobacco) rose by 1.4%, prices of non-foods by 4.4% and prices of services by 2.3 percent.
At the same time in July consumer price index fell by 1.5% from June 2012. Food prices were said to have declined by 3.2%, while prices for industrial goods and services rose by 0.4% and 0.1% respectively. The government inflation projection is 2.5-5.5 percent.  -0-

YEREVAN, July 31. /ARKA/. The inflation in Armenia in July of this year rose by 2.3% from a year earlier, mainly due to a 4.4 percent rise in prices for non-food goods and a 2.3 percent rise in services, according to National Statistical Service. According to the Statistical Service, food prices (including alcoholic beverages and tobacco products) increased by 1.4% year-on-year.

The consumer price index in January-July 2012 if compared to the same period in 2011 amounted to 2.3%; prices of foods (including alcoholic beverages and tobacco) rose by 1.4%, prices of non-foods by 4.4% and prices of services by 2.3 percent.

At the same time in July consumer price index fell by 1.5% from June 2012. Food prices were said to have declined by 3.2%, while prices for industrial goods and services rose by 0.4% and 0.1% respectively. The government inflation projection is 2.5-5.5 percent.  -0-

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