Armenia’s july inflation rises by 2.3 percent

YEREVAN, July 31. /ARKA/. The inflation in Armenia in July of this year rose by 2.3% from a year earlier, mainly due to a 4.4 percent rise in prices for non-food goods and a 2.3 percent rise in services, according to National Statistical Service. According to the Statistical Service, food prices (including alcoholic beverages and tobacco products) increased by 1.4% year-on-year.
The consumer price index in January-July 2012 if compared to the same period in 2011 amounted to 2.3%; prices of foods (including alcoholic beverages and tobacco) rose by 1.4%, prices of non-foods by 4.4% and prices of services by 2.3 percent.
At the same time in July consumer price index fell by 1.5% from June 2012. Food prices were said to have declined by 3.2%, while prices for industrial goods and services rose by 0.4% and 0.1% respectively. The government inflation projection is 2.5-5.5 percent.  -0-

YEREVAN, July 31. /ARKA/. The inflation in Armenia in July of this year rose by 2.3% from a year earlier, mainly due to a 4.4 percent rise in prices for non-food goods and a 2.3 percent rise in services, according to National Statistical Service. According to the Statistical Service, food prices (including alcoholic beverages and tobacco products) increased by 1.4% year-on-year.

The consumer price index in January-July 2012 if compared to the same period in 2011 amounted to 2.3%; prices of foods (including alcoholic beverages and tobacco) rose by 1.4%, prices of non-foods by 4.4% and prices of services by 2.3 percent.

At the same time in July consumer price index fell by 1.5% from June 2012. Food prices were said to have declined by 3.2%, while prices for industrial goods and services rose by 0.4% and 0.1% respectively. The government inflation projection is 2.5-5.5 percent.  -0-

spot_img

POPULAR

Loans issued by Armenian commercial banks exceeded 8.16 trillion drams at the end of March

The volume of loans issued by commercial banks in Armenia as of the end of March 2026 amounted to 8,163,745 million drams, compared to 8,035,184 million drams at the end of February, according to data from the Statistical Committee.

State Revenue Committee of Armenia has identified violations in the cryptoasset sector

The State Revenue Committee of Armenia has identified a number of violations in the sphere of the purchase and sale of cryptoassets and the provision of related services, the agency reports.

Unibank Sponsored the “Upside Down” Sport Climbing Festival

With the support of the Sport Climbing Federation of Armenia, the “Upside Down” sport climbing festival took place at the Ver Var bouldering gym, with Unibank acting as the sponsor of the event.

Capital of Armenian credit institutions increased by 9.76% in the first quarter of 2026, exceeding 458 billion drams

The total capital of Armenian credit institutions in the first quarter of 2026 amounted to 458.03 billion drams, an increase of 9.76% compared to the first quarter of 2025.

Euro to Armenian dram exchange rate continued to decline, while the dollar and ruble rose: Central Bank of Armenia

The average market exchange rate for the US dollar to the Armenian dram, formed on the Armenian foreign exchange market as of May 14, 2026, rose by 0.15 points compared to May 13, to 368.78 drams.

LATEST NEWS

spot_imgspot_imgspot_img