Minimum subsistence basket becomes 13.5% cheaper in Armenia

YEREVAN, November 1. /ARKA/. Minimum subsistence basket in Armenia amounted to AMD 53,804.2 a month in late September after contracting by 13.5% since late June, National Statistical Service of Armenia reported on Tuesday.

Minimum aggregate cost of foods in the basket reduced by 13.6% over a period between June and September to AMD 30,397.8 drams.

The minimum consumption basket includes bread (monthly per-capita bread consumption in Armenia amounts to AMD 3,351.5), meat products (AMD 7,800.4 per-capita consumption), potatoes (AMD 1,605.3), fruits (AMD 3,885.4), sugar (AMD 643.1), dairy products (AMD 5,965.8), eggs (AMD 871.4), vegetable oil (AMD 511.3), fishes (AMD 1,925.8), margarine (AMD 318.5) and other foods. ($1 = AMD 379.59). -0-

spot_img

POPULAR

IMF Improves Armenia’s GDP Growth Forecast to 5.3% in 2026

The International Monetary Fund (IMF) forecasts real GDP growth for Armenia at 5.3% in 2026 and 5.5% in 2027, according to the April World Economic Outlook, published on April 14.

ADB considers Armenia’s capital market development key to long-term financing, investment, and sustainable growth

Developing Armenia's capital market is considered key to increasing the availability of long-term financing and supporting investment, economic diversification, and sustainable growth, according to the ADB's Asian Development Outlook (April 2026).

Byblos Bank Armenia joins FinTech Armenia as Founding Member

Byblos Bank Armenia has joined FinTech Armenia Association as a Founding Member, marking a significant milestone in the Bank’s ongoing efforts to drive digital transformation and innovation within the financial sector.

ADB expects inflation in Armenia to accelerate to 3.8% in 2026, despite slower growth

The Asian Development Bank (ADB) expects inflation in Armenia to accelerate in 2026, despite slower growth.

Euro rises 3.86 points to Armenian dram, while US dollar and ruble remain unchanged

The average market exchange rate for the US dollar to the Armenian dram, formed on the Armenian foreign exchange market as of April 14, 2026, remained unchanged from April 13, at 375.19 drams.

LATEST NEWS

spot_imgspot_imgspot_img