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Prices for foods rose 5.3% in Armenia in January 2014, compared with December 2013, mainly due to ten-to-41-percent price hikes in vegetable and fruit markets, the National Statistical Service of Armenia reports.

Prices for vegetables and potatoes went 9.3% up in Jan 2014, compared with the same month a year before, and leapt 41.6%, compared with December 2013.

Fruit prices added 0.2% in January 2014, compared with Jan 2013, and jumped 10.6%, compared with Dec 2013.

According to the statistical report, as a whole, fruits, vegetables and potatoes became 30.2% more expensive in January 2014 than they were in the same month a year earlier.

The share of this group of products makes up 9.92% in subsistence, and it added 3% to the total increase in consumer prices. Dairy market accounted for 9.2% year-on-year and 0.8% month-on-month price rise in January 2014. Prices for meat products crept 0.7% and 0.5% up in January 2014, compared with the same month a year before and with Dec 2013 respectively.

Instead, sugar prices sank 12.7%, compared with Jan 2013, and slid 0.6%, compared with Dec 2013. Nonfoods became cheaper as well - their prices slipped 0.3%, compared with the previous month.

Consumer prices in Armenia went 2.8% up in January 2014, compared with January 2013, and 5.5%, compared with December 2013.

Inflation rate was recorded at 5.8% in 2013. In the 2014 government budget, inflation is projected at 4% (±1.5%).