YEREVAN — 2.5% inflation rate was recorded in Armenia’s consumer market in December compared to November 2011.
During the reported period, prices for foodstuff (including alcohol and cigarettes), non-foods totaled 4.4% and 0.5% respectively, with 0.1% increase in tariffs for services.
In January-December 2011, the index of consumer prices totaled 107.7% compared to the same period 2010, including the index of prices for foodstuff-111.2%, National Statistical Service reported.
Consumer prices increased by 9% in December 2011 compared to same period 2010.
The price upsurge is basically conditioned by 12.8% and 5.2% growth in prices for foodstuff (including alcohol and cigarettes) and non-foods respectively. 4.4% growth was also observed in tariffs for services during the reporting period.
Consumer prices increased by 1.6-3.4% in December compared to November 2011 in all Armenian cities under study, while the highest index was registered in Gyumri.
2.5% growth was recorded in consumer prices in Yerevan.