Fri, 3 October
11.1 C
Yerevan
USD: 383.34 RUB: 4.70 EUR: 450.50 GEL: 140.80 GBP: 516.82

Inflation in Armenia in August was 4.8% in comparison to August 2010

YEREVAN, August 31. /ARKA/. Inflation in Armenia in August 2011 compared to the same period in 2010 was 4.8%, Armenian National Statistic Service informed. This figure is mainly due to rising prices of food products (including alcoholic drinks and cigarettes) by 6.9% and non-food products – 3%.

In August 2011 compared to August 2010 prices for services increased by 2.1%.

Consumer price index in January-August 2011 compared to the same period of 2010 was 108.8%, including food products – (alcoholic drinks and cigarettes) – 113.2% , non-food products -103.1% and services – 104.3%.

In January-August monthly decline of consumer prices was 0.03% instead of average monthly growth of 0.6% for the same period of the last year.

In August compared with July consumer index reduced by 0.6%. Prices for food products (including alcoholic drinks and cigarettes) reduced by 1%, non-food products – 0.1% and services increased by 0.1%.

In August compared to July in all the studied cities of the country consumer prices reduced by 1.4-0.1%, the highest decrease was recorded in the city Martuni. Consumer prices reduced 0.6% in the same period in Yerevan .

According to the state budget, inflation in Armenia was planned for 2011 on the level of 4% (±1.5%).–0—

August 2011
August 2011 to December 2010 August 2011 to August 2010 January-August to 2011 January-August 2010 August 2011 to June 2011
Index of consumer prices – total 99.8 104.8 108.8 99.4
Consumer goods 98.8 106.0 110.9 99.2
Food products 97.6 107.5 114.5 98.8
alcoholic drinks and cigarettes 101.3 101.4 100.7 100.8
Non-food products 101.9 103.0 103.1 99.9
Services 102.2 102.1 104.3 100.1

Data of the Armenian National Statistic Service (in %)

spot_img

POPULAR

Ranking of the most profitable banks in Armenia based on results of second quarter of 2025

ARKA news agency publishes the ranking of the most profitable commercial banks in Armenia based on the results of the second quarter of 2025.

Net loan portfolio of Armenian banks in Q2 2025 increased by 6.11% to AMD 6.8 trillion

The combined loan portfolio of 17 Armenia-based commercial banks upped  by 6.11% in Q2 2025 compared to Q1 2025, amounting to AMD 6.82 trillion, according to a ranking compiled by  the ARKA news agency.

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

Ranking of most profitable banks in Armenia based on results of first quarter of 2025

ARKA news agency publishes the ranking of the most profitable commercial banks in Armenia based on the results of the first quarter of 2025.

LATEST NEWS

spot_imgspot_imgspot_img