ArmInfo.On the consumer market of Armenia in September 2017, inflation was registered at 0.2%, which is due to the rise in price of non-food products by 1.3%, while the tariffs for services decreased by 0.4% and the prices for food products remained unchanged. In the capital, consumer prices rose by 0.4% in September. In January-September 2017, deflation in 1.7% caused cheaper food products by 2.9% and non-food products by 0.8%, while tariffs for services decreased by 0.6%.
The National Statistical Service of Armenia told ArmInfo that the average monthly decline in consumer prices in January-September 2017 was 0.2%, against a decline of 0.4% a year earlier. In January-September 2017, in comparison with January-September 2016, 0.6% inflation was recorded in the consumer market due to a 3.8% rise in price of food products, with a 2.6% decrease in non-food prices and a 1.4% decrease in tariffs for services %. In September 2017, compared to September 2016, a similar pattern was observed: 1% inflation in the consumer market was triggered by food prices rising by 3%, with a decrease in non- food prices by 0.7% and a decrease in tariffs for services by 0.5%. Inflation in Armenia in September of 2016 was 0.1%, due to a 0.2% rise in the price of non-food products and a 0.6% increase in tariffs for services, with a 0.3% drop in food prices. In January-September 2016, deflation of 3.7% was due to cheaper food products by 5.9% and non-food products by 3.5%, while tariffs for services decreased by 0.7%. The average monthly decline in consumer prices in January-September 2016 was 0.4%, against a decline of 0.2% a year earlier. In January-September 2016, in comparison with January-September 2015, the consumer price index amounted to 98.4%, including food - 96.3%, non-food - 97.9% and tariffs for services - 102.2%, and in September 2016g compared to September 2015 - 98.1%, 96.7%, 96.2% and 101.4% respectively.
