Sun, 28 September
15.1 C
Yerevan
USD: 382.71 RUB: 4.59 EUR: 446.43 GEL: 141.38 GBP: 510.80

In June Armenian inflation up 0.9 percent year-on-year

YEREVAN, July 6. /ARKA/. Consumer prices in Armenia in June 2018 were higher 0.9% as opposed to June 2017, the National Statistical Committee (NSC) said today.

During the reporting period, prices for food products (including alcoholic beverages and tobacco products) decreased by 1.6%, while prices for non-food products and services increased by 5.3% and by 1.4%, respectively.

In June 2018 consumer prices dropped by 1.6% from the previous month. The drop was triggered by a 3.9% decline in prices for food and non-alcoholic beverages.

In January-June 2018, the six-month prices increased by 2.4% from the same time span of 2017. The government-projected inflation rate for 2018 is 4% (± 1.5%). -0-

spot_img

POPULAR

“We want the word ‘investor’ in Armenia to mean normality, not elitism” – Freedom Broker Armenia

ARKA news agency spoke with Freedom Broker Armenia Director Ovak Ovakimian about the transformation of investment thinking, company strategy and trust as an economic value.

Ranking of the most profitable banks in Armenia based on results of second quarter of 2025

ARKA news agency publishes the ranking of the most profitable commercial banks in Armenia based on the results of the second quarter of 2025.

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.

Net loan portfolio of Armenian banks in Q2 2025 increased by 6.11% to AMD 6.8 trillion

The combined loan portfolio of 17 Armenia-based commercial banks upped  by 6.11% in Q2 2025 compared to Q1 2025, amounting to AMD 6.82 trillion, according to a ranking compiled by  the ARKA news agency.

The UAE instead of Europe : why Armenia needs to change its approach to crypto regulation – EXCLUSIVE

The Armenian Forum on Cryptocurrency Assets, organized by the Cilicia Business Club, was recently conducted in Yerevan.

LATEST NEWS

spot_imgspot_imgspot_img