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

Armenian dram exchange rate fell by 4.25 points, while the dollar and ruble remained unchanged: Central Bank of Armenia

The average market exchange rate for the US dollar to the Armenian dram, determined on the Armenian foreign exchange market as of June 8, 2026, fell by 0.01 points compared to June 5, to 368.53 drams.

Market capitalization increased by 27.4% in May, exceeding 478 billion drams – Armenia Securities Exchange

Equity market capitalization increased by 27.4% in May 2026, exceeding 478.8 billion drams, the press service of the Armenia Securities Exchange (AMX) reported.

Pashinyan: Income tax refund program for mortgages will not be extended in regions adjacent to Yerevan from 2027

The Armenian government does not intend to extend the income tax refund program for mortgage interest repayments in the regions adjacent to Yerevan, RA Prime Minister Nikol Pashinyan announced.

Finance Minister Explains Reason for Armenia’s Public Debt Growth

Armenia's public debt in 2025 increased by 8.8% compared to 2024, stated RA Finance Minister Vahe Hovhannisyan.

Armbanks Weekly Digest: Key Events in Armenia’s Financial Market (June 1-7)

The week in Armenia's financial market was dominated by inflation data, currency dynamics, and the Central Bank's comments on the banking sector.

LATEST NEWS

spot_imgspot_imgspot_img