Thursday, October 5 2017 16:26

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.