Inflation of 0.8% registered in March versus February in Armenia

YEREVAN, March 31. /ARKA/. Inflation of 0.8% was registered in March versus February in Armenia which is mainly conditioned by the increase of prices of food products (including alcohol drinks and tobacco products) by 0.8% and tariffs for services by 0.9%, Armenian National Statistic Service informs.

Food products increased by 0.5% in March versus February 2011.

Index of consumer prices in March 2011 was 111.5% versus March 201, including food products

(including alcohol drinks and tobacco products) – 115.5%, non-food products – 103.8% and tariffs for services – 108.4%.

In January-March average growth of consumer prices was 1.7% which is by 0.7 p,p, more than the indicator of the last year (1%).

Index of consumer prices in January-March 2011 was 111.1% versus the same period in 2010: food products (including alcohol drinks and tobacco products) increased by 15.2%, non-food products – 3.5% and tariffs for services – 7.6%.

Consumer prices in all the studied cities of Armenia increased by 0.2-2.7%. In Yerevan consumer prices increased by 0.5%.

According to the state budget, inflation in 2011 was planned on the level of 4% (±1.5%) in Armenia. –0—

(%)

March

2011

March-December

2010

March to March

2010

Index of consumer prices in total 105.2 111.5
Consumer products 106.4 112.9
Food products 108.6 117.1
Alcohol drinks, tobacco products 100.1 100.7
Non-food products 100.9 103.8
Services 102.5 108.4

Data of Armenian National Statistic Service

spot_img

POPULAR

How Idram and IDBank promote equal opportunities for women and men

Women’s Month is another opportunity to speak about the role of women in society and business, attitudes toward them, leadership, and equal opportunities for every member of society.

Euro and ruble rise against Armenian dram, while USD declines slightly

As of April 6, 2026, the average market exchange rate for the US dollar to the Armenian dram, established on the Armenian foreign exchange market, decreased by 0.36 points from April 3, settling at 376.62 drams.

The average exchange rate of the Armenian dram to US dollar in March was 3.9% lower than a year ago

In March 2026, the average exchange rate of the Armenian dram to the US dollar was 377.4 drams, compared to 392.8 drams in March 2025, according to data from the Statistical Committee.

IDBank and Idram conducted financial literacy course for children in Lori region

IDBank and Idram have organized a financial literacy course for children residing in the village of Vahagni and nearby areas in the Lori region.

Central Bank of Armenia views stablecoins as a strategic priority

The Central Bank of Armenia considers it important to address the challenges faced by real people and businesses, and it is through this lens that it views stablecoins as a strategic priority, stated Martin Galstyan, Chairman of the Central Bank of Armenia.

LATEST NEWS

spot_imgspot_imgspot_img