ArmInfo. As a result of the policy led by the government, Armenia is one of the countries in the world with the lowest inflation rate, as well as the most stable in terms of currency volatility and currency shocks. Prime Minister Nikol Pashinyan stated this live on his Facebook page. He noted that the government has tried and will continue to try to maintain a balanced approach in terms of priorities. <We faced a choice between economics and healthcare. At the same time, we understood that we can no longer be closed from an economic point of view. Therefore, we took the path of balance - not putting economic or health priorities in the background, maintaining balance>, Pashinyan emphasized.
It should be noted that according to the data of the Statistical Committee of the Republic of Armenia, in January-April 2020, inflation was recorded at 2.6%, against 2.5% inflation in the same period of 2019. This was triggered by an increase in the prices of food products (including alcohol and cigarettes) by 5.7% (versus 5.1% a year earlier), non-food products - by 0.1% (versus 0.4% a year earlier) and tariffs for services - by 0.3% (against 0.3% a year earlier). In April 2020 versus April 2019, consumer prices increased by 0.9% due to a rise in price of food products by 0.8%, non-food products by 1.1%, and tariff increases for services by 1.1%. April inflation in the consumer market was accompanied by a revaluation of dram against the dollar by 0.1%. In January-April, inflation in the consumer market was accompanied by a devaluation of dram against the dollar by 2.2%. In April 2020 compared to April 2019, the AMD depreciated against the dollar by 0.9%, amounting to 488.7 AMD/ $ 1 with inflation at 0.9% (against 484.3 AMD/ $ 1 with inflation at 2.2% a year earlier). To recall, at 11:00 a.m. May 25, 452 new cases of coronavirus infection were detected in Armenia, another 81 patients recovered. In total, 7113 cases of coronavirus were confirmed in the republic, 3145 people recovered, 87 died.
