ArmInfo. In Armenia, the industrial price index decreased in the first half of 2025 compared to the same period in 2024, dropping from 102.7% to 102.1%. This decline occurred alongside a negative shift in the annual dynamics of the industrial sector, transitioning from 18.2% growth to a 12.1% decline. The sector's total volume amounted to 1.3 trillion drams ($3.2 billion), as evidenced by preliminary data from the RA Statistical Committee.
In June 2025, the industrial price index decreased significantly, compared to June 2024, dropping from 104.8% to 102.5%. The industrial sector also experienced a 1.2% decline (from 1.4% growth a year ago). It is worth noting that inflation was recorded in the consumer market of Armenia during the periods under review. Specifically, in January-June 2025, inflation was at 3.1% compared to the same period in 2024 and in June 2025 compared to June 2024, inflation was at 3.9%. This is a significant increase from the 0.6% deflation and 0.8% inflation, seen in the same periods a year ago. Moreover, inflation in the consumer market was mainly supported by an increase in food prices: in January-June 2025 compared to the same period in 2024 - by 5.2%, and in June 2025 to June 2024 - by 6.2%, whereas in the same periods a year earlier, a decline in food prices was 3.3% and 0.2%, respectively. Additionally, the cost of the services continued to increase, rising by 2.9% - in January-June 2025 compared to the same period in 2024 and by 3.5% in June 2025 compared to June 2024. These rates were slightly lower, almost identical to the rates of 2.8% and 2.7% seen a year ago.
It is worth noting that there has been a slowdown in the growth of economic activity in Armenia in the first half of 2025, decreasing from 10.4% to 6.3% per annum. However, in June 2025 compared to June 2024, there was an acceleration of growth from 7.1% to 8.6% per annum. Additionally, there has been a deterioration in the annual dynamics of foreign trade turnover, with a decline of 45% compared to a 2-fold growth in the same period of 2024. This decline was a result of a decrease in both exports - by 52.8%, and imports - by 38.6% (compared to a significant growth in both exports and imports a year ago, by 2.3 times and 86.5%, respectively). In June 2025, compared to June 2024, foreign trade volume fell by 16.6% due to a reduction in both exports by 15.9% and imports by 17.1%, while a year earlier in June 2024, compared to June 2023, foreign trade turnover showed growth of 34.6%, largely driven by an increase in exports by 59.9%, rather than imports by 20.6%. (The average exchange rate of the dram in January-June 2025 was - AMD 391.31 /$1).
