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

Armenia to establish endemic seed bank to protect agriculture from climate change

The Armenian-French "Seed" program, supported by the Acba Federation, was presented at COP17.

Armenia’s corporate bond market could double over five years – head of CUBE Invest

Armenia’s corporate bond market is entering a new stage of development, expanding opportunities for businesses to secure financing while offering investors an alternative to bank deposits.

Acba Bank at COP17: Solutions for Sustainable Agriculture

At COP17, Acba Bank participated in a panel discussion organized by the European Bank for Reconstruction and Development (EBRD) dedicated to the future of sustainable agriculture, long-term investments, and the need for environmentally responsible financing solutions.

An increase in refinancing rate will not necessarily lead to higher loan prices: Head of Central Bank

An increase in the refinancing rate does not necessarily mean higher loan prices, stated Martin Galstyan, Chairman of the Central Bank of Armenia.

Armenian Ministry of Finance developing a comprehensive framework for issuing thematic bonds

The Armenian Ministry of Finance is developing a comprehensive framework for issuing thematic bonds in domestic and international capital markets.

LATEST NEWS

spot_imgspot_imgspot_img