Tue, 24 February
10.1 C
Yerevan
USD: 377.84 RUB: 4.93 EUR: 445.25 GEL: 141.25 GBP: 509.74

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

Capital of credit institutions in Armenia increased by 10.8% in 2025, exceeding 453.8 billion drams

The total capital of Armenia's credit institutions at the end of 2025 amounted to 453.9 billion drams, an increase of 10.84% ​​compared to 2024, according to the consolidated financial report of the country's credit institutions.

Euro, dollar, and ruble exchange rates against the Armenian dram continued to decline: Central Bank

The average market exchange rate for the US dollar to the Armenian dram, formed on the Armenian foreign exchange market as of February 20, 2026, fell by 0.12 points compared to February 19, to 376.82 drams.

Armbanks Weekly Digest: Key Events in the Armenian Financial Market (February 16-22)

Last week, the Armenian financial market was distinguished by intensified institutional interactions in the banking sector and debt market dynamics.

S&P assesses risks to Armenia’s financial stability as contained

International rating agency S&P Global Ratings assesses risks to Armenia's financial stability as contained.

Acba Bank Group Develops a Transparent Management System

Acba Bank Group continues large-scale reforms of its corporate governance culture to improve management efficiency, transparency, and accountability.

LATEST NEWS

spot_imgspot_imgspot_img