Mon, 3 March
5.1 C
Yerevan
USD: 393.35 RUB: 4.45 EUR: 409.08 GEL: 140.73 GBP: 495.31
spot_img

Minimum subsistence basket becomes 13.5% cheaper in Armenia

YEREVAN, November 1. /ARKA/. Minimum subsistence basket in Armenia amounted to AMD 53,804.2 a month in late September after contracting by 13.5% since late June, National Statistical Service of Armenia reported on Tuesday.

Minimum aggregate cost of foods in the basket reduced by 13.6% over a period between June and September to AMD 30,397.8 drams.

The minimum consumption basket includes bread (monthly per-capita bread consumption in Armenia amounts to AMD 3,351.5), meat products (AMD 7,800.4 per-capita consumption), potatoes (AMD 1,605.3), fruits (AMD 3,885.4), sugar (AMD 643.1), dairy products (AMD 5,965.8), eggs (AMD 871.4), vegetable oil (AMD 511.3), fishes (AMD 1,925.8), margarine (AMD 318.5) and other foods. ($1 = AMD 379.59). -0-

spot_img

POPULAR

Net inflow of remittances to Armenia from abroad decreased by 1.7 times in January

The net inflow of cross-border transfers to individuals in Armenia, received from abroad through the banking system of Armenia, amounted to $18.7 million in January 2025, compared to $32.8 million in January 2024, according to the report from the Central Bank of Armenia.

Euro  down by 0.15 points to AMD 412.64

The average market exchange rate of the U.S. dollar to the Armenian dram on February 21, 2025, totaled AMD 394.41, down 0.9 points compared to February 20.

Euro down 2.2 points to AMD 412.42

The average market exchange rate of the U.S. dollar to the Armenian dram on February 19, 2025, totaled 395.72 drams, down 0.51 points compared to February 18.

Gap between loans and deposits in Armenian banks narrowed 6 times to AMD 89 bln in r 9 months – EFSD

Bank lending growth rates in Armenia exceeded the growth rates of deposits (21.1% and 10.8% y/y, respectively) by the end of September 2024,  contributing to the reduction of excess liquidity in the banking sector, the Eurasian Fund for Stabilization and Development (EFSD) regional economic review “Winter 2024-2025” says.

ADB expects Armenia’s current account deficit of balance of payments to grow to 9.2% of gdp in 2015

Armenia’s current account deficit of the balance of payments will increase to 9.2% of GDP in 2015, and drop to 8.3% in 2016, according to the Asian Development Outlook 2015 report, released by the Asian Development Bank (ADB)

LATEST NEWS

spot_imgspot_imgspot_img