Sat, 23 August
21.1 C
Yerevan
USD: 384.03 RUB: 4.80 EUR: 443.29 GEL: 142.29 GBP: 510.11

Armenia had one of highest inflation rate of 10.6% among CIS countries

YEREVAN, March 9, /ARKA/. Armenia had one of the highest inflation rise of 10.6% among other former Soviet constituent republics making the Commonwealth of Independent States (CIS) in a time span between 2010 January and 2011 January, according to the latest numbers, revealed by the CIS Statistical Committee.

According to these numbers, the average inflation in CIS during that period of time was 9.5%. The Armenian inflation in January 2011 rose by 2.8% from 2010 December, while the average inflation rise in CIS was 2%. The highest inflation of 20.6% between January 2010 and January 2011 was in Kyrgyzstan. It was followed by Tajikistan with 11.2%, followed by Belarus –  10.6% , Russia– 9.6%, Azerbaijan – 8.3% and Ukraine -8.2%. Inflation in Kazakhstan and Moldova rose by 8.1% and 6.7% respectively. No data on Turkmenistan and Uzbekistan were available. -0-

spot_img

POPULAR

Armenia registered an inflation rate of 3.4% in July.

According to the National Statistical Committee (NSC) of Armenia, 12-month inflation in the consumer market amounted to 3.4% in July of this year.

Ranking of Armenia’s most profitable banks in 2024

ARKA news agency has released a ranking of the most profitable commercial banks in Armenia in 2024.

Euro down 0.91 points to AMD 448.43

The average market exchange rate of the US dollar to the Armenian dram as of August 14, 2025, fell by 0.06 points when compared to August 13 and amounted to AMD 383.5.

Ranking of most profitable banks in Armenia based on results of first quarter of 2025

ARKA news agency publishes the ranking of the most profitable commercial banks in Armenia based on the results of the first quarter of 2025.

Net loan portfolio of Armenian banks in Q2 2025 increased by 6.11% to AMD 6.8 trillion

The combined loan portfolio of 17 Armenia-based commercial banks upped  by 6.11% in Q2 2025 compared to Q1 2025, amounting to AMD 6.82 trillion, according to a ranking compiled by  the ARKA news agency.

LATEST NEWS

spot_imgspot_imgspot_img