Wed, 25 February
12.1 C
Yerevan
USD: 376.92 RUB: 4.92 EUR: 444.01 GEL: 140.90 GBP: 509.29

1.2% inflation recorded in Armenia in November, compared with October

YEREVAN, December 2. /ARKA/. Armenia recorded 1.2% inflation in November, compared with October, National Statistical Service reports.

Prices for foods, spirits and tobacco products rose 1.8% and nonfoods 1.4% and services 0.1% in November, compared with the previous month.

The index of consumer prices was 104.5% in November 2009 compared with December 2008.

Foods, spirits and tobacco products became 1.1% cheaper, while prices for non-foods climbed 13.5% and services 10.1%.

Armenia faced 0.4% average monthly price rise in Jan-Nov 2009 against 0.5% at the same period of the previous year.

The index of consumer prices was 104.6% in November 2009, compared with November 2008, including 99.6% foods, spirits and tobacco.

The index of nonfood prices was recorded at 110.9% and services 110.4%.

These indicators were recorded at 103.1%, 99.1%, 103.8% and 110.4% accordingly in Jan-Nov 2009, compared with the same period a year earlier.

According to the statistical report, consumer prices index was 123.4% in this year’s November, compared with 2005, including 18.7% of foods, spirits and tobacco, 19.4% of nonfoods and 34% increase in services prices.

In all the cities under review, consumer prices rose 0.8-1.5% in November, compared with October.

The highest rise was recorded in Yeghegnadzor.

Yerevan recorded 1.2% consumer price rise.

In the 2009 state budget, inflation was planned at 4% (±1.5%). -0–

spot_img

POPULAR

Armenia’s reserves reached a record $5.2 billion in 2025, forming an external resilience buffer – S&P

Armenia's international reserves strengthened significantly in 2025, providing an important buffer against unpredictable external factors, according to a report from international rating agency S&P Global Ratings.

Assets of Armenian Credit Institutions Grew by 11.93% to AMD 859.9 Billion in 2025

The total assets of Armenia's credit institutions as of December 31, 2025, amounted to AMD 859.9 billion, an increase of 11.93% compared to December 31, 2024.

Net profit of Armenian credit institutions in 2025 increased 2.9-fold to 56.9 billion drams

The total net profit (after tax) of Armenian credit institutions in 2025 amounted to 56.87 billion drams, compared to 19.50 billion drams in 2024 (an increase of 2.9-fold, or 191.6%).

Euro, dollar, and ruble exchange rates against the Armenian dram continued to decline: Central Bank

The average market exchange rate for the US dollar to the Armenian dram, formed on the Armenian foreign exchange market as of February 20, 2026, fell by 0.12 points compared to February 19, to 376.82 drams.

Investment portfolio of Armenian credit institutions in 2025 exceeded 103 billion drams

The total investment portfolio of Armenian credit institutions at the end of 2025 amounted to 103.4 billion drams, according to the consolidated financial report of the country's credit institutions.

LATEST NEWS

spot_imgspot_imgspot_img