Sun, 24 August
37.1 C
Yerevan
USD: 384.03 RUB: 4.80 EUR: 443.29 GEL: 142.29 GBP: 510.11

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

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.

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.

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.

Unibank Issued Preferred Shares with a Fixed Annual Dividend of 12%

Unibank announces a new issue of Class “G” convertible preferred shares, offering investors a fixed annual dividend of 12%. The total issue volume amounts to AMD 1.5 billion.

LATEST NEWS

spot_imgspot_imgspot_img