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

Armenia’s Prime Minister Proposes Developing Stock Exchange Listings for the Country’s Mining Companies

Prime Minister of Armenia Nikol Pashinyan thinks that the mining sector should take the lead in developing institutions of public share ownership in the country, including through the listing of companies on stock exchanges.

Armbanks Weekly Digest: Key Events in the Armenian Financial Market (October 12–18)

Armenia’s financial agenda over the past week encompassed the development of the government securities market, regulatory changes for banking operations, cooperation with international financial institutions, and the subsidization of financing for energy storage systems.

Idram and IDBank Participated in the Opening of My Forest Armenia’s Pavilion at COP17

The opening of the “Forest Biodiversity: An Immersive Experience” exhibition by the “My Forest Armenia” NGO took place in the Green Zone of COP17, with representatives of IDBank and Idram in attendance.

Armenian banks’ profit grew by 8.6% to 334.4 billion drams over 9 months

The aggregate after-tax profit of Armenian banks for the period from January to September 2026 reached 334.44 billion drams, compared to 307.87 billion drams for the same period in 2025.

Credit investments by Armenian banks exceeded 9 trillion drams in the first 9 months

As of September 30, 2026, credit investments by Armenian banks reached 9.01 trillion drams.

LATEST NEWS

spot_imgspot_imgspot_img