An 11.9% decline was recorded in Armenia in the agricultural sector, while construction grew by 24.5%, industry – by 10.8%, services – by 11%, and trade – by 1%. Armenian Minister of Finance Vahe Hovhannisyan on Wednesday announced this at a meeting of the National Assembly Standing Committee on Financial-Credit and Budgetary Affairs during the discussion of the report on the implementation of the state budget of Armenia for the first half of 2026.

According to Hovhannisyan, in June, the 12-month inflation in Armenia amounted to 5.1%, and the average inflation for January-June was 4.6%.

“The growth in [Armenia] residents’ [bank] deposits amounted to 24.3%, and the growth in lending – 22.6%,” the minister of finance added.