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’s gross reserves rose to $5.5 billion in February, providing 4.1 months of import coverage – WB

Gross reserves in Armenia increased, reaching $5.5 billion at the end of February, equivalent to 4.1 months of import coverage, according to the World Bank's "Armenia Monthly Economic Update – March 2026."

EDB: Cross-border remittance inflow to Armenia increased to $5.9 billion in 2025, net inflow by 8.6%

Cross-border remittance inflow to Armenia increased by 2.4% year-on-year in 2025, reaching $5.9 billion, according to the Eurasian Development Bank's March macroeconomic review.

Head of the Central Bank of Armenia explained the cause of February’s inflation

Inflation has components driven by supply and demand factors.

Accelerating inflation in Armenia in January and February driven by food price dynamics – EDB review

In January and February 2026, inflation in Armenia amounted to 3.8% y/y and 4.3% y/y, respectively, according to the EDB's March review.

Central Bank of Armenia and banks are ready to tighten mechanisms to combat telephone fraud – Galstyan

The Central Bank of Armenia, together with banks, is ready to introduce stricter mechanisms to prevent telephone fraud, stated regulator head Martin Galstyan, responding to a question from the ARKA news agency.

LATEST NEWS

spot_imgspot_imgspot_img