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

Armenia Has Ninth Largest Inflation In CIS

YEREVAN, November 7. /ARKA/. In 2011 September Armenian inflation grew by 0.6% from a year earlier, according to the CIS Statistical Committee. In terms of inflation rise Armenia ranked ninth among other former Soviet republics.

According to CIS Statistical Committee, consumer prices in CIS rose year-on-year by 7.5%.

It said consumer prices in 2011 September in Armenia increased by 0.8% from August. According to the official data, the highest inflation of 74.5% was posted by Belarus, which was followed by Tajikistan with a year-on-year 9% inflation, Kazakhstan saw a 6.2% inflation, in Moldova it rose by 5.2%, in Russia by 4.7%, in Kyrgyzstan by 4.4%, in Ukraine by 4.2% and in Azerbaijan by 3.5%. No data for Turkmenistan and Uzbekistan were available. –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