{"id":250426,"date":"2022-07-06T13:47:40","date_gmt":"2022-07-06T13:47:40","guid":{"rendered":"https:\/\/armbanks.am\/2022\/07\/06\/250426\/"},"modified":"2022-07-06T13:47:40","modified_gmt":"2022-07-06T13:47:40","slug":"armenias-12-month-inflation-in-june-2022-amounts-to-10-3","status":"publish","type":"post","link":"https:\/\/armbanks.am\/en\/2022\/07\/06\/250426\/","title":{"rendered":"Armenia\u2019s 12-month inflation in June 2022\u00a0amounts to\u00a010.3%"},"content":{"rendered":"\n

YEREVAN, July 6. \/ARKA\/.<\/strong> Armenia\u2019s 12-month inflation in June 2022 amounted to 10.3%, the National Statistical Committee (NSC) said today.<\/p>\n\n\n\n

It said the upward pressure came primarily from prices of food and non-alcoholic beverage, which surged by 17.1%.<\/p>\n\n\n\n

In June 2022 alcohol and tobacco products prices were up 8.1% from the year before.  Prices for clothing and footwear rose by 10.5%, while the cost of utilities grew by 6.7%.<\/p>\n\n\n\n

The prices of household goods, appliances, and daily care activities rose 7.1%. Health care prices were up 1.2% compared to June 2021, while transportation prices upped by 9.2%.<\/p>\n\n\n\n

Also, communications prices grew by 0.5%, recreation and leisure prices grew by 14.7%, education prices upped by 1.5% and prices of restaurant and hotel industries were up 6.8%.<\/p>\n\n\n\n

According to statistical data, the prices for non-food goods in June 2022 were up 7.5% compared to June last year and prices for services were up 5.3%.<\/p>\n\n\n\n

According to NSC, Armenia’s economic activity expanded by 10.2% in the first five months of 2022 compared to the same period of 2021.<\/p>\n\n\n\n

Armenian government\u2019s growth projection for 2022 is 7%, and the inflation is set at 4% (\u00b1 1.5%).<\/p>\n\n\n\n

Armenia’s Central Bank revised earlier upwards the country’s GDP growth forecast for the current year from 1.6% to 4.9%<\/p>\n\n\n\n

According to the World Bank\u2019s latest Global Economic Prospects report, Armenia’s GDP in 2022 is expected to grow by 3.5%, down 1.3 p.p. from the previous forecast, made in January.<\/p>\n\n\n\n

World Bank analysts expect Armenia’s GDP to grow by 4.6% in 2023 (0.8 p.p. down from the January forecast) and by 4.9% in 2024. ($1 \u2013 409.64 drams).-0- <\/p>\n","protected":false},"excerpt":{"rendered":"

Armenia\u2019s 12-month inflation in June 2022 amounted to 10.3%, the National Statistical Committee (NSC) said today<\/p>\n","protected":false},"author":1,"featured_media":190696,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":"","tstyn_error":""},"categories":[12139,9216],"tags":[],"class_list":{"0":"post-250426","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-economy-en","8":"category-news"},"acf":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts\/250426","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=250426"}],"version-history":[{"count":0,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts\/250426\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/media\/190696"}],"wp:attachment":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/media?parent=250426"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/categories?post=250426"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/tags?post=250426"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}