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Consumer prices in Armenia in April 2015 were 4.8% higher than in April 2014

YEREVAN, May 8. / ARKA /. Consumer prices in Armenia in April 2015 were 4.8% higher than in April 2014, according to the latest numbers, released today by the National Statistical Service (NSS).

According to official data, commodity food price index (including alcoholic drinks and tobacco products) in April 2015 was 104.4% when compared to April 2014, non-food products index was 107%, and that of service prices was 103.7%.

The 12-month inflation of consumer goods in late April 2015 was 5%, including a 5.9% inflation of foods, a 5.1% inflation of non-food products and a 3.6% inflation of services.

At the same time in April 2015 a 0.4% deflation was registered at the local consumer market from March on the wave of a 1.5% drop in food prices. Armenia’s 2015 budget sets a 4.1% GDP growth and a 4% (± 1.5%) inflation.-0-

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