Sat, 1 February
-7.9 C
Yerevan
USD: 397.35 RUB: 4.04 EUR: 412.25 GEL: 139.06 GBP: 493.31
spot_img

One of the highest inflations in CIS fixed in the 1st quarter of 2011 in the amount of 11.1% in Armenia

YEREVAN, May 19. /ARKA/. One of the highest mid-year inflations in the amount of 11.1 % (compared with 2010) among CIS countries was recorded in the 1st quarter of 2011 in Armenia, Armenian National Statistic Service informs.

Consumer prices in CIS countries increased in average by 7.7% in the same period.

In March, consumer prices increased by 0.8% (inflation of 0.9%) compared with February.

In the 1st quarter of 2011 inflation was recorded in CIS countries compared with 2010. Maximum growth of consumer prices was recorded in Kazakhstan – 20.3% and Belarus – 12.5%. Then comes Tajikistan – 12.1% , Armenia – 11.1%, Russia – 9.5%, Azerbaijan – 9.1% and Kazakhstan – 8.5%. In Ukraine and Moldova the prices in the consumer market got higher in the same period making 7.7% and 6.1%. respectively. No data on Turkmenistan and Uzbekistan. –0—

spot_img

POPULAR

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

Loans and deposits of Armenian banks grew in November due to AMD-denominated  funds – WB

Commercial bank deposits in Armenia grew 2.3 percent (mom) in November, and loans increased 2.6 percent (mom), driven by AMD-denominated funds, the World Bank says in its latest Armenia Monthly Economic Update – January 2025 review.

Armenia’s refinancing rate back to August 2022 level – WB

The refinancing rate in Armenia has returned to the level of August 2022, according to the World Bank's review Armenia Monthly Economic Update - January 2025.

Armenia’s 1.5% inflation in December is the highest since April – WB

Armenia's inflation picked up to 1.5 percent (yoy) in December, the highest rate since April 2023, according to World Bank's Armenia Monthly Economic Update – January 2025 review.

Euro exchange rate plunges by 4.12 points to AMD 414.32

The average market exchange rate of the US dollar to the Armenian dram on January 29, 2024, amounted to 398.27 drams, down 0.09 points compared to January 27.

LATEST NEWS

spot_imgspot_imgspot_img