Fri, 9 May
22.1 C
Yerevan
USD: 389.25 RUB: 4.73 EUR: 439.39 GEL: 141.96 GBP: 516.22
spot_img

5.7% year-on-year inflation recorded in Armenia in October 2011

YEREVAN, November 21. /ARKA/. National Statistical Service of Armenia says 5.7% year-on-year inflation was recorded in Armenia in October 2011.

Prices in the country went 0.3% up in October, compared with September.

According to the statistical report, economic activity rose 2.4% in October 2011, compared with the same month a year earlier, but fell 18%, compared with the previous month.

In the 2011 government budget, inflation is projected at 4% (±1.5%) and GDP growth at 4.6%. -0-

spot_img

POPULAR

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

Top ten Armenian banks by size of lending in 2019

In 2019, the overall loan portfolio of Armenia's banking sector grew by 16.4% to 3.572.2 trillion drams

Ranking of Armenia’s most profitable banks in 2024

ARKA news agency has released a ranking of the most profitable commercial banks in Armenia in 2024.

Arka news agency’s ranking of most profitable Armenian banks in 2019

In 2019, Armenia-based commercial banks earned a total of 78.8 billion drams in net profit, up from 56.4 billion drams they had earned in 2018, according to ARKA news agency's ranking of the most profitable commercial banks in the fourth quarter of 2019

LATEST NEWS

spot_imgspot_imgspot_img