Food prices in Armenia continue to rise

The annual inflation rate in Armenia constituted 2.5 percent more in September 2012, as compared with the same time period last year, the National Statistical Service informs, Information-Analytic Agency NEWS reported.

In addition, September’s inflation rate was 0.8 percent more, as compared with August.

To note, however, the country’s monthly inflation rate was dropping in the past five months.

As compared with August, September’s inflation rate grew primarily by a 1.5-10.7-percent increase in the prices of animal and vegetable oil, bread products, vegetables, and potatoes.

In twelve months, the prices of food items—including alcoholic beverages and tobacco—have risen by 1.8 percent, those of non-food items, by 5.7 percent, and service fees increased by 2.1 percent.


/APA/