ArmInfo. Inflation registered at 1% in the consumer market of Armenia in November 2018, whichdue to the rise in price of food products by 2%, non-food products - by 0.4%, increase in tariffs for services - by 0.2%. In the capital, consumer prices rose in November by 1.1%.
In January-November 2018, inflation of 0.3% led to a rise in prices for non-food products by 3.6%, a rise in tariffs for services by 0.6%, while food products became cheaper by 1.5%.According to the Statistics Committee of the Republic of Armenia, the average monthly increase in consumer prices in January- November 2018 was 0.03%, against a 0.1% increase a year earlier. In January-November 2018 compared with January-November 2017, inflation was recorded at a consumption of 2.6% due to the rise in prices for food products by 2.6%, non-food products - by 4.6% and increase in tariffs for services by 1.2% . In November 2018, compared with November 2017, a 1.8% inflation was provoked by a 1.7% rise in food products and a 3.7% non-food item, while the tariffs for services increased by 0.7%.The November inflation of 1% in the food market was provoked by fruits and vegetables, which rose by 7.3% and 18.7%, respectively. Moreover, on an annualized basis (by November 2017), vegetables fell in price by 6.4%, while fruits went up in price by 2%. In the capital, vegetables rose in price by 19.3% in November, and fruit - by 10%. The overall increase in the prices of vegetables and fruits in November was 14.9%, and this group of products, having a share of 8.36% in the consumer basket, affected the growth of consumer prices in the amount of 1.3 percentage points.Milk, cheese and eggs fell by 0.1% at an annual rate, and only in November rose by 0.4%, while eggs went up in the reporting month by 1% (over the past 4 months, the price of eggs jumped 41.1%) . In the capital, this group of products has risen in price by 0.1%.Meat products rose in price per year by 8.8%, but only in November fell by 0.2%. And in the capital, meat products fell in November by 0.7%. Fish and seafood rose in price per year by 5.5%, and only in November - by 0.1%.Oil of plant and animal origin increased in price by 2.4% over the year, but only in November fell by 0.2%. In the capital, this group of products fell by 0.4%.Nogogolnye drinks and cigarettes for November rose by 0.3%, andbakery products, cereals, sugar and granulated sugar, coffee, tea,cocoa, soft drinks have not changed in price.In the non-food market, the November inflation of 0.4% was mainly determined by the rise in price of ready-made clothes - by 3.5%, furniture - by 0.8%, shoes - by 0.6%, jewelry - by 0.4%, carpets and floor coverings - by 0.2%. In parallel with this, stationery prices dropped- by 1.7%, washing and washing facilities - by 0.8%, household appliances - by 0.4%, building materials - by 0.3%. Gasoline and diesel fuel in November did not change in price, but they increased by 11% and 25.6%, respectively, in annual terms, while in January-November 2018 they increased in price by 9.3% and 23.3%, respectively. In the capital, non-food products rose in November by 0.5%.The increase in tariffs for services in November was mainly determined by the transport sector - by 0.8%, due to a 2.5% increase in air ticket prices. In the capital, tariffs for services rose in November by 0.2%.It should be noted that in November 2017 inflation in Armenia was 2%, due to the rise in prices for food products by 4.2%, non-food products - by 0.5% and increase in tariffs for services by 0.4%. In January-November 2017, inflation of 1.1% led to a rise in the price of food products by 2% and non-food prices by 1.6%, while tariffs for services decreased by 0.6%. The average monthly increase in consumer prices in January-November 2017 amounted to 0.1%, against a decline of 0.2% a year earlier. In January-November 2017 compared with January-November 2016, the consumer price index was 100.8%, incl. food products - 103.8%, non-food products - 97.9% and tariffs for services - 98.7%, and in November 2017 compared to November 2016 - 102.2%, 104.9%, 100.8% and 99, 6% respectively.