Wed, 13 August
20.1 C
Yerevan
USD: 384.03 RUB: 4.80 EUR: 443.29 GEL: 142.29 GBP: 510.11

Food prices in 2011 grow by 12.2 percent

YEREVAN, December 11. /ARKA/. Food prices in Armenia in 2011 grew by 12.3%, Gurgen Martirosyan, head of a department of National Statistical Service of Armenia, said to a news conference today. He said the 12 month inflation in 2011 advanced 7.7% if compared with 2010 with prices of consumer goods increasing by 12.3% and those of non-consumer goods by 3.4%, while prices of services increased by 3.6%.

Martirosyan said that inflation in Armenia in December 2011 was 4.7% with consumer prices rising by 6.1%, non-consumer prices by 4.3% and services by 2.9%. Martirosyan said also the price of sugar saw the highest growth in the 12-month period jumping by 35.4%. He said prices of coffee, tea and cocoa grew by 18.9%, prices of meat products increased by 12.7% and prices of confectionery products by 12.9%, while prices of dairy products by 6.9%, prices of fish products grew by 1.6% , that of bread by 2.3%, prices of alcoholic beverages and tobacco products grew by 2.2% and soft drinks by 1.7%.

However, prices of eggs dropped by 0.3%, those of fruits by 12.3% and prices of vegetables and potatoes declined by 1%. -0-

spot_img

POPULAR

Armenia registered an inflation rate of 3.4% in July.

According to the National Statistical Committee (NSC) of Armenia, 12-month inflation in the consumer market amounted to 3.4% in July of this year.

Euro Jumps 1.93 Points to AMD 445.22 as USD drops slightly

The average market exchange rate of the US dollar to the Armenian Dram on August 6, 2025, fell by 0.35 points compared to August 5 and amounted to AMD 383.68.

Market capitalization in July increased by 45.3% year-on-year, exceeding 463 billion drams – Armenia Stock Exchange

Armenia Stock Exchange (AMX) has summarized the trading activity for July 2025. The month showed a dynamic trading environment, highlighting growing investor confidence and market activity. 

Net inflow of money transfers to Armenia from abroad decreased by 1.3% in half-year

The net inflow of cross-border transfers in favor of individuals in Armenia, received from abroad through the banking system of the Republic of Armenia, in January-June 2025 amounted to $587.6 million against $595.4 million in January-June 2024, according to the report of the Central Bank of the Republic.

Armenian Central Bank  developing mechanisms for insurance and combating financial fraud

Armenia's Central Bank is developing a set of tools to combat financial and cyber fraud, the deputy chairman of the Central Bank Armen Nurbekyan said at a press conference on Tuesday.

LATEST NEWS

spot_imgspot_imgspot_img