Living in Armenia gets 20% more expensive in 4 years

  09 December 2014    Read: 1323
Living in Armenia gets 20% more expensive in 4 years
According to official data, living in Armenia has gotten expensive by more than 20 percent over the past four years, Chorrord Ishkhanutyun daily reported.

“According to the NSS (i.e., the National Statistical Service) report, inflation stood at 20.6 percent, as compared to 2010. And inflation reached 1.3 percent this year, as compared to November last year.

“Incidentally, the recent days’ inflation, as a result of the sharp devaluation of the dram (, the Armenian national currency), is not included here.

“It is not difficult to assume that the ‘picture’ will be sadder come December,” Chorrord Ishkhanutyun wrote.

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