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

Euro, dollar, and ruble exchange rates fell against the Armenian dram, according to the Central Bank of Armenia

The average market exchange rate for the US dollar against the Armenian dram, determined on the Armenian foreign exchange market, decreased by 0.06 points to 360.34 drams on November 6, 2026, compared to November 5.

Create your Visa Digital from Unibank for purchases and transfers

Unibank offers Visa Digital cards for money transfers as well as online and in-store purchases.

Armbanks Weekly Digest: key events of the financial market of Armenia (November 2–8)

Armenia's financial agenda last week focused on tightening monetary policy, regulating bank liquidity and discussing public debt parameters.

Assets of Armenian credit organizations exceed 915.92 billion drams, up 6.36% since the beginning of the year

As of September 30, 2026, the total assets of Armenian credit organizations reached 915.92 billion drams an increase of 1.19% during the third quarter and 6.36% since the beginning of the year.

Special Mortgage Offers: IDBank at Toon Expo: Invest 2026

At Toon Expo.Invest 2026 Vol. 2, taking place from November 13-15, IDBank will offer special mortgage terms, featuring lower interest rates than current rates and up to 5% cashback, in accordance with the Bank's applicable terms and conditions.

LATEST NEWS

spot_imgspot_imgspot_img