YEREVAN, September 5. \/AR\u041a\u0410\/. In August 2019 consumer prices in Armenia increased by 0.6% from the year before, according to the National Statistical Committee (NSC). Moreover, according to NSC, in August 0.4% deflation was recorded compared with the previous month of July.<\/p>\n\n\n\n
At the same time, in late August of 2019 the eight-month year-on-year inflation was 1.8%. NSC said prices for foods and non-alcoholic products in that time span grew by 2.9%, despite the 1.2% deflation in this group of goods in August as opposed to July. When compared to August 2018, the prices were down by 0.3%.<\/p>\n\n\n\n
Prices for alcoholic and tobacco products over the 8 months increased by 4.2%. Compared with August 2018 – by 4.5%. Prices for shoes and clothes increased by 4.1%, for utilities by 0.2%, for health services – by 2.1% and for transportation services – by 0.3%.<\/p>\n\n\n\n
Also, price growth was recorded in such areas as education (1.3%), restaurants and hotels (1.9%), various goods and services (0.5%). At the same time, in January-August, deflation was noted in such areas as communication (0.5%) and leisure and culture (2.3%). The government’s GDP projection for 2019 is 4.9%, the inflation projection is 2.7%. -0-<\/p>\n","protected":false},"excerpt":{"rendered":"
YEREVAN, September 5. \/AR\u041a\u0410\/. In August 2019 consumer prices in Armenia increased by 0.6% from the year before, according to the National Statistical Committee (NSC). Moreover, according to NSC, in August 0.4% deflation was recorded compared with the previous month of July. At the same time, in late August of 2019 the eight-month year-on-year inflation […]<\/p>\n","protected":false},"author":1,"featured_media":157879,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":"","tstyn_error":""},"categories":[12139,9216],"tags":[15837,12225,14977,336],"class_list":{"0":"post-123908","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-economy-en","8":"category-news","9":"tag-armenia-2","10":"tag-inflation","11":"tag-nsc","12":"tag-336"},"acf":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts\/123908","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/comments?post=123908"}],"version-history":[{"count":0,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts\/123908\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/media\/157879"}],"wp:attachment":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/media?parent=123908"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/categories?post=123908"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/tags?post=123908"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}