Sun, 14 September
20.1 C
Yerevan
USD: 383.47 RUB: 4.56 EUR: 449.96 GEL: 142.03 GBP: 519.91

Armenia registers 1.7% inflation in June, 2020

YEREVAN, July 6. /ARKA/. In June, 2020 consumer prices in Armenia increased by 1.7% compared to June 2019, and dropped by 1.54% from the previous month of 2020, the National Statistical Committee (NSC) said. The inflation in the first five months of 2020 was 0.5%, it said.

According to the NSC, compared to June 2019, prices for foodstuffs and non-alcoholic drinks increased by 2% in June 2020, and decreased by 3.5% compared to 2020 May.

In June 2020, alcohol and tobacco products rose by 11.1% compared to the same month in 2019, and by 0.3% from the previous month in 2020. Prices for clothes and shoes in June 2020 increased by 2% and fell by 1.5% respectively, and utilities rose and fell by 1.1% and 0.1% respectively.

Household goods, household appliances, and daily apartment maintenance activities rose by 0.9% and 0.1% respectively.

Healthcare services grew by 1.8% and fell by 0.1% respectively. Education prices grew by 3.6% and 0% respectively and restaurant and hotel prices by 1.6% and 1.7% respectively.

Transportation prices decreased by 3.8% and rose 0.2% respectively, communications prices declined by 0.1% and 0% respectively and recreation and culture prices grew by 2.1% and 1.5% respectively.
According to the statistical data, prices for non-food products in June 2020 decreased by 0.2% compared to June last year, and decreased by 0.5% compared to May 2020. Also, services grew by o 1.3% and – 0.2% respectively. -0-

spot_img

POPULAR

3.6% inflation registered in Armenia in August

n the consumer market of Armenia, 12-month inflation in August of this year amounted to 3.6%, according to the report of the National Statistical Committee (NSC) of Armenia.

Ranking of Armenia’s most profitable banks in 2024

ARKA news agency has released a ranking of the most profitable commercial banks in Armenia in 2024.

Central Bank of Armenia initiates discussions on draft by-laws related to Law on Cryptoassets

The Central Bank of Armenia is set to conduct a public discussion on  the draft by-laws essential for implementing the Law on Cryptoassets, which became effective on July 4 of this year, as reported by the regulator's press service.

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

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.

LATEST NEWS

spot_imgspot_imgspot_img