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

Martin Galstyan re-elected as Governor of the Central Bank of Armenia

Martin Galstyan was re-elected as Governor of the Central Bank of Armenia on Tuesday in a closed, secret ballot vote in the National Assembly.

Euro and ruble exchange rates against the Armenian dram rose, while the dollar weakened: Central Bank

The average market exchange rate for the US dollar against the Armenian dram, formed on the Armenian foreign exchange market as of May 11, 2026, decreased by 0.05 points compared to May 8, to 368.96 drams.

The average exchange rate of the Armenian dram to the US dollar in April was 4.2% lower than a year ago

In April 2026, the average exchange rate of the Armenian dram to the US dollar was 374.2 drams, compared to 390.7 drams in April 2025, according to data from the Statistical Committee.

A New Level of Insurance Innovation: The Armenian Bureau of Motor Insurers and GAIP Sign a Cooperation Agreement

The Armenian Bureau of Motor Insurers and the international organization Global Association of InsurTech Professionals (GAIP) signed a cooperation agreement on Monday in the field of compulsory motor insurance (CMTPLI) and insurance technologies.

The international chess tournament supported by IDBank has concluded

The Yerevan Spring ID Cup, organized with the support of IDBank, has successfully concluded.

LATEST NEWS

spot_imgspot_imgspot_img