Price Increases in Armenia: Significant Inflation Recorded for Various Food Products and Goods

Compared to January 2020, there has been a significant increase in prices for various food items and goods in Armenia as of January 2021. According to official data from the National Statistical Service:

• Vegetable oil has increased by 44.3%
• Sugar has risen by 40.7%
• Eggs have become 26.4% more expensive
• Dairy products saw a price increase of 7.7%
• Fruits have increased by 12%
• Vegetables have risen by 9.9%
• Garlic has surged by 95.4%
• Mixed greens are up by 53.5%
• Bread has increased by 7.9%
• Flour is up 12.5%
• Beverages and tobacco have risen by 6.8%
• Non-food items have increased by 5.5%