0,9% inflation rate recorded in Armenia’s consumer market in Feb 2012March 1, 2012 - 14:28 AMT 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. Top stories Yerevan has dismissed Turkey’s demand to shut down the Armenian nuclear power plant as “inappropriate”. Armenia will loan 2.9 billion drams to Nagorno Karabakh (Artsakh), according to a draft government decision. The Ministry of Ecology and Natural Resources of Azerbaijan has “strongly condemned” Armenia’s decision. Kerobyan has said that for the first time in the history of Armenia, the volume of foreign direct investments amounted to about $1 billion. Partner news | Kazakhstan welcomes Yerevan, Baku’s agreement to meet in Almaty Kassym-Jomart Tokayev has welcomed the agreement of Baku and Yerevan to hold negotiations in Almaty. Armenia offers to temporarily host, preserve Gaza manuscripts The Armenian Foreign Minister has said Yerevan is ready to help preserve manuscripts from the conflict zone in Gaza. Aliyev says no need for mediators in Armenia-Azerbaijan process Azerbaijani President Ilham Aliyev believes that Baku and Yerevan do not mediators in the process of normalizing relations. Aram I supports Karekin II’s “patriotic position” Catholicos of the Great House of Cilicia Aram I has expressed support for the Mother See of Holy Etchmiadzin. |