0,9% inflation rate recorded in Armenia’s consumer market in Feb 2012

PanARMENIAN.Net - 0,9% inflationrate was recorded in Armenia's consumer market in February 2012 compared to January 2011.

Prices for foodstuff (including alcoholic beverages and cigarettes) increased by 1,6%, while prices for non-foods decreased by 0,2%.

Tariffs for services remained unchanged during the reported period.

In February 2012, 3%increase in consumer prices was observed compared to the same period in 2011.

The price upsurge is basically conditioned by 3,3% and 3,7%. growth in prices for foodstuff (including alcoholic beverages and cigarettes) and non-foods respectively. 2,1%.increase was also observed in tariffs for services during the reporting period.

Consumer prices decreased by 1,2-0,2% in February 2012 compared to January in all Armenian cities under study, while the highest index was registered in town of Talin in Armenia’s Aragatsotn province.

1% drop was recorded in consumer prices in Yerevan.