Inflation 3.1% in Armenia

Economy

YEREVAN, December 21. / ARKA /. In January-November 2009 inflation at 3.1% was recorded in Armenia compared to the same period in 2008.

This was reported by the ARKA News Agency on Monday by the National Statistical Service of Armenia.

At the same time, growth in consumer prices by 4.5% was recorded in November 2009 compared to December 2008.

In November 2009 inflation was recorded at 1.2% compared with October 2009.
According to the state budget, inflation in Armenia in 2009 is planned to be at 4% (± 1.5%). –0-

spot_img

POPULAR

Announces

Central Bank of Armenia explained its decision to keep the interest rate unchanged

The Central Bank of Armenia kept the interest rate unchanged because it has not yet seen any deviation in inflation expectations from the target level, stated Deputy Chairman of the Central Bank Hovhannes Khachatryan.
Economy

4.5% Inflation Recorded in Armenia in July

Twelve-month inflation in the Armenian consumer market in July of this year was 4.5%, according to a report from the Statistical Committee.
Economy

Armenia’s $5.9 billion reserves cover more than four months of imports: former Finance Minister calls this a hedge against external shocks

Armenia's $5.9 billion international reserves cover more than four months of imports and currently provide a fairly reliable hedge against external shocks.
Banks

Moody’s affirms Converse Bank’s ratings and changes outlook to positive from stable

Moody's Ratings has affirmed Converse Bank's long-term deposit ratings at Ba3 and changed the outlook to positive from stable.
Announces

Changes in Byblos Bank Armenia’s Executive Management

Byblos Bank Armenia CJSC announces that the Bank’s Chief Executive Officer Hayk Stepanyan will conclude his tenure with the Bank effective August 1, 2026.

LATEST NEWS

spot_imgspot_imgspot_img
Previous article
Biggest 325 taxpayers pay by 1.5 billion drams less taxes in October
Next article
Aggregate liabilities of Armenian universal credit organizations grow 10.2% to amd 53.5 billion