Wed, 14 January
0.1 C
Yerevan
USD: 380.83 RUB: 4.83 EUR: 444.28 GEL: 141.25 GBP: 512.94

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

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

Armenia approves amendments to agreement on automatic exchange of financial account information

During a meeting on Thursday, the Armenian government gave its approval to a draft law that ratifies the amendment to the Multilateral Agreement of Competent Authorities regarding the "Automatic Exchange of Financial Account Information," which was signed on October 14, 2014.

Market capitalization increased by 6.29% in December to approximately 467 billion drams – Armenia Stock Exchange

 Armenia Stock Exchange (AMX) has summarized the trading activity for December 2025. During the month, a dynamic trading environment has been maintained, highlighting growing investor confidence and market activity.

Armenia’s financial system in December 2025: interest rate declines, lending grows

In December 2025, Armenia's financial market was characterized by a combination of moderate monetary easing, continued high growth rates in bank lending, and the continued development of capital market instruments.

LATEST NEWS

spot_imgspot_imgspot_img