Armenian inflation rises further by 1.9% in February

YEREVAN, March 2, /ARKA/. Armenia’s inflation rose further by 1.9% in February from the previous month driven primarily by growing food prices, including cigarettes and alcoholic drinks, which upped by 1.5% and service prices which grew by 3.4%, according to the latest numbers, released by the National Statistical Service. Prices of non-foods goods rose by 0.6%.

Consumer price index (CPI) in February rose by 12.4% from 2010 February. Food prices rose by 17.3%, non-foods by 5.4% and service prices by 7.5%. Consumer prices in February 2011 rose from 0.9% to 3.3% in the surveyed towns. The highest growth index was registered in Talin. In Yerevan consumer prices rose by 1.6%. The government projected 4% (±1,5% inflation index for 2011. -0-

(%)

2011
Feb. against December

2010

Feb. against 2010 Feb. Feb. 2005
CPI, total 104.8 112.4 144.2
Consumer goods 105.3 114.6 143.9
Foods 107.0 118.8 154.3
Alcoholic drinks, tobacco products 100.1 101.5 104.0
Non-foods 101.1 105.4 127.5
Services 103.6 107.5 145.0
spot_img

POPULAR

Central Bank of Armenia has identified the reasons for the acceleration of inflation to 5.1% in June

External price pressure, rising local food prices, and a slight expansion of domestic demand contributed to the acceleration of annual inflation in Armenia from 3.9% in June 2025 to 5.1% in June 2026.

Armenia’s public debt will remain stable at just above 40% in the medium term – S&P

Armenia's public debt (excluding liquid assets) will remain broadly stable at just above 40% of GDP in the medium term, according to a report from the international rating agency S&P Global Ratings.

Armenia’s international reserves reached a record $6.19 billion in July 2026

Armenia's gross international reserves at the end of July 2026 amounted to $6,188.6 million, compared to $5,896.2 million at the end of June, according to a Central Bank report.

The investment portfolio of Armenian banks in the second quarter amounted to 1.93 trillion drams, a decline of 9.5% year-to-date

The total investment portfolio of commercial banks in Armenia at the end of June 2026 amounted to 1,933,341,220 thousand drams, a decrease of 202.38 billion drams, or 9.48%, year-to-date.

“Unisport” Competes in the UEFA Futsal Champions League

Unisport Futsal Club, established with the sponsorship of Unibank, will host UEFA Futsal Champions League 2026/27 preliminary round matches in Yerevan on August 26, 27 and 29.

LATEST NEWS

spot_imgspot_imgspot_img