YEREVAN, August 5. /ARKA/. The 12-month inflation in Armenia's consumer market in  July 2020 amounted to 1.5%, the National Statistical Committee (NSC) said.

According to the NSC, in July compared to June, the prices were down by  2.1%. At the same time, the inflation in the first seven months of 2020 was up by 0.7%, compared to the same period in 2019.

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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

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The average annual inflation in Armenia in 2008-2019 was 3.9%, the outgoing chairman of the Central Bank Artur Javadyan said today

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A 0.9-percent 12-month inflation was recorded at the consumer market of Armenia in April 2020, compared to April 2019, according to the report of the National Statistical Committee of Armenia

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Armenian Prime Minister Nikol Pashinyan, answering Monday citizens’ questions in a live broadcast, said that there would be no illogical and non-competitive inflation in the country

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In 2020, Armenia’s GDP growth will slow down to 5.6% due to the exhaustion of the effect of a low comparison base in the ore mining sector as well as a reduction in net exports caused by weak external demand, the Eurasian Development Bank’s division for analyses said in its review.

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Inflation in Armenia needs no abrupt corrections, Martin Galstyan, a member of the board of the Central Bank of Armenia, said Tuesday in an interview with the Public Television of Armenia

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A 12-month inflation in Armenia is recorded at 0.7 in 2019, while in December 2019 this indicator stood at 1.3%, the board of the Central Bank of Armenia placed this on record at its session held on January 24 and released the information on Monday

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Armenia’s consumer prices in 2019 December were up 0.7% from the same month in 2018, according to the report of the National Statistical Committee (NSC)

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The 2019 third quarter inflation in Armenia grew 0.9% from the same time span of 2018, the National Statistical Committee (NSC) said

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