08-08-2018 10:48 1735

IMG 2301

 

Deflation is registered in Armenia's consumer market from April 2018 to July inclusive. According to the RA National Statistical Service, the deflation was 1.7% in January-July 2018, compared with 1.4% in the same period of 2017.

It was conditioned by a 5.4% reduction in food prices, while non-food prices rose by 1.4% and services prices rose by 1.2%.

In July 2018 consumer prices rose by 2.3% in a year, mainly due to an increase in prices for food products by 1.3%, non-food prices by 5.5%, and tariffs for services by 1.4%.

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