YEREVAN. – The inflation rate in Armenia was 9.3 percent in August 2013, which is the highest inflation rate recorded in the country in the past two years. 

Economist Samvel Avagyan stated the abovementioned during a press conference on Saturday.

As per Avagyan, the last time when a higher inflation rate was registered in Armenia was in March 2011, with 11.5 percent.

The economist stated that the product groups which most caused inflation in the country this year are fruits—with a 25-percent price increase—, vegetables and potatoes (32%), and communal housing services (19.1%).

The prices of bread, dairy and meat products, and medication likewise have soared.    

According to Avagyan, however, in the case when official statistics show a 4.7-percent growth in agriculture, such high double-digit price increase in fruits and vegetables is not justified. 

“There are statistical discrepancies here,” Samvel Avagyan concluded.