Sat, 16 August
19.1 C
Yerevan
USD: 384.03 RUB: 4.80 EUR: 443.29 GEL: 142.29 GBP: 510.11

1.3% May deflation in Armenia from April

YEREVAN, June 7. /ARKA/. Consumer prices in Armenia dropped by 1.3% in May of 2012 from April, Gurgen Martirosyan, Head of Department of Price Statistics and International Comparisons Division at Armenian National Statistical Service said on Thursday.

According to him, food prices fell by 2.6%, and non-food prices climbed by 0.2%. Tariff services augmented by 0.1%.
Marirosyan informed that the inflation in Armenia recorded 0.8% in May from December, and 0.5% in May from the same month a year earlier.
“In total, the consumer prices index in January-May of 2011 was 102.5%, this means that the inflation was 2.5%,” he said.

Martirosyan also added that bread products prices didn’t change in May from April. However the drop was reported in prices for meat (0.2%) and fish products (0.7%), dairy (2.2%), eggs (2%), animal and vegetable oils (0.4%), fruits(0.3%) and sugar(1.2).  The highest decrease was recorded in prices for vegetables and potatoes- 15.5%.

The prices for such products as coffee, tea, cocoa, confectionary , alcohol and non-alcohol beverages as well as tobacco faced 0.1%-0.2% inflation within the reported period. –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 2.54 points to AMD 447.76

The average market exchange rate of the US dollar to the Armenian dram on August 7, 2025, fell by 0.03 points compared to August 6 and amounted to AMD 383.65.

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.

Deposits in commercial banks of Armenia at the end of June amounted to 6.7 trillion drams

According to the National Statistical Committee, the volume of deposits in all 17 Armenian commercial banks at the end of June 2025 amounted to 6,693,323 million drams, up from 6,665,578 million drams in May.

Unibank Becomes the Gold Sponsor of FC Alashkert

Unibank and FC Alashkert have signed a long-term partnership agreement. As part of this cooperation, Unibank has become the gold sponsor of the club, supporting it during the current season of the Armenian Championship.

LATEST NEWS

spot_imgspot_imgspot_img