12-month inflation in Armenia’s consumer market comprises 1.6%

Save

Share

 09:52, 7 December, 2020

YEREVAN, DECEMBER 7, ARMENPRESS. The 12-month inflation in Armenia’s consumer market comprised 1.6% (November 2020 against November 2019), whereas the one-month inflation – 1.3% (November 2020 against October 2020, the Statistical Committee reports.

The yearly inflation in food products and non-alcoholic drinks comprised 0.8%, the monthly inflation -2.8%, that of alcoholic drinks and tobacco – 10.2% and 0.4%.

Consumer prices of clothing and shoes declined 1.6% in November 2020 against November 2019, and by 1.9% against October 2020.

The 12-month inflation in housings services, water supply, electricity, gas and other types of fuel comprised 0.4%, the one-month inflation – 0.3%.

The prices in the healthcare sector rose by 2.8% within a year, whereas within a month it increased by 0.5%. The figures in the transportation field comprised 2.0% and 0.6%.

Edited and translated by Aneta Harutyunyan

Disclaimer: This article was contributed and translated into English by Emil Lazarian. While we strive for quality, the views and accuracy of the content remain the responsibility of the contributor. Please verify all facts independently before reposting or citing.

Direct link to this article: https://www.armenianclub.com/2020/12/08/12-month-inflation-in-armenias-consumer-market-comprises-1-6/

Emil Lazarian

“I should like to see any power of the world destroy this race, this small tribe of unimportant people, whose wars have all been fought and lost, whose structures have crumbled, literature is unread, music is unheard, and prayers are no more answered. Go ahead, destroy Armenia . See if you can do it. Send them into the desert without bread or water. Burn their homes and churches. Then see if they will not laugh, sing and pray again. For when two of them meet anywhere in the world, see if they will not create a New Armenia.” - WS