Armenia faces 7.9% year-on-year inflation in Jan-Oct 2010

Economy

YEREVAN, November 22. /ARKA/. Armenia faced 7.9% year-on-year inflation in Jan-Oct 2010, the National Statistical Service of Armenia reports.

Consumer prices rose 5.8% in Jan-Oct 2010, compared with December 2009.

In the 2010 government budget, inflation is projected at 4% (±1.5%). –0–

spot_img

POPULAR

Loans

Assets of Armenian credit institutions exceeded 905 billion drams in the first half of the year, up 5.12% from the beginning of the year

The total assets of Armenia's credit institutions as of June 30, 2026, amounted to 905.17 billion drams, an increase of 2.58% compared to March 31, 2026, and a 5.12% increase from the beginning of the year.
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.
Exchange market

Euro continued to rise against the Armenian dram, while the dollar and ruble weakened: Central Bank

The average market exchange rate for the US dollar against the Armenian dram, formed on the Armenian foreign exchange market, fell by 0.87 points on August 5, 2026, compared to August 4, to 366.14 drams.
Banks

Armenian banks’ loan portfolio in the first half of the year amounted to 8.8 trillion drams, up 11.5% – Union of Banks

The loan portfolio of Armenian banks in the first half of 2026 amounted to 8.8 trillion drams, up 11.5%, reported Daniel Azatyan, head of the Union of Banks of the Republic.
Loans

Net profit of Armenian credit institutions in the first half of 2026 decreased by 1.5 times to 21 billion drams

The total net profit (after tax) of Armenian credit institutions in the first half of 2026 amounted to 21.02 billion drams, compared to 30.73 billion drams in the first half of 2025 (a decline of 1.46 times, or 31.6%).

LATEST NEWS

spot_imgspot_imgspot_img
Previous article
Total liabilities of Armenian insurance companies rise by 25.46% to 7.8 billion drams
Next article
Weighted Average Of US Dollar Rate In NASDAQ OMX Armenia As Of November 22, 2010 Was 362.5 Drams For $1