ArmInfo. In November 2019, 1.1% inflation was recorded in the consumer market of Armenia, caused by the rise in price of food products by 2.3%, non-food products - by 0.2%, with the same tariffs for services. In the capital, consumer prices rose 1.1% in November. In January-November 2019, deflation of 0.5% was due to a decrease in the price of food products by 2.4%, with a rise in price of non-food products by 1.4% and an increase in tariffs for services by 0.9%.
According to the RA Statistical Committee, the average monthly decline in consumer prices in January- November 2019 amounted to 0.05%, compared with an increase of 0.03% a year earlier. In January- November 2019, compared to January-November 2018, inflation in the consumer market was recorded at 1.5% due to a rise in price of food products by 2.3%, non-food products by 1.5% and increase in tariffs for services by 0.5% . In November 2019, compared with November 2018, inflation of 1% was triggered by food products that went up by 0.9% and non-food by 1%, while tariffs for services increased by 1.2%.
It should be noted that in November 2018, inflation in the consumer market of Armenia was fixed at 1%, due to a rise in price of food products by 2%, non-food products by 0.4% and an increase in tariffs for services by 0.2%. In January-November 2018, inflation of 0.3% was due to a rise in prices for non-food products by 3.6%, an increase in tariffs for services by 0.6%, amid decline of price on food products by 1.5%. The average monthly increase in consumer prices in January-November 2018 amounted to 0.03%, compared with an increase of 0.1% a year earlier. In January-November 2018, compared with January- November 2017, the consumer price index amounted to 102.6%, incl. food - 102.6%, non-food - 104.6% and tariffs for services - 101.2%, and in November 2018 compared to November 2017 - 101.8%, 101.7%, 103.7% and 100, 7% respectively.