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1.9% year-on-year inflation recorded in Armenia in February

YEREVAN, March 6. /ARKA/. Year-on-year inflation in Armenia stood at 1.9% in February 2019, the National Statistical Committee of Armenia reports. Prices for foods, spirits and tobacco products went 3.5% up in February 2019, compared with the same month a year before, and prices for nonfoods and services rose 0.6% and 0.4% respectively.

Consumer prices rose 1.3% in January and February 2019, compared with the same period a year earlier.
According to the statistical report, consumer prices rose 0.6% in February 2019, compared with January, due to the 1.7% increase in foods and soft drinks.

The Central Bank of Armenia projects the 12-month inflation in Armenia at 4% (±1.5%). –0—-

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