Cost of Living in Armenia Nearly Twice As Much As 2005
Armenia experienced six percent inflation over the first half of this year, conditioned in part by up to 25 percent increase in cost of food products, compared to last year. Experts don’t see any decrease in the near future.
As compared to June, last year, vegetable prices rose by 21 percent, fruit by 17 percent, meat by 13 percent, and sugar by 6 percent, this year.
“Abrupt deflation was registered in July, last year; however, judging by the current tendencies, I do not think that seasonal food products [fruit, vegetable] will have such a deflation, this year,” Gurgen Martirosyan, Head of Prices Statistics and International Comparison Department of the National Statistical Service of Armenia, said in a press conference today in Yerevan.








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