Sat, 5 July
23.1 C
Yerevan
USD: 384.26 RUB: 4.88 EUR: 452.58 GEL: 141.37 GBP: 524.44

Armenian inflation in March advances 2.2 percent

YEREVAN, April 20. /ARKA/. Armenia’s inflation in March advanced 2.2% if compared to the same period in 2011, according to latest numbers released by the National Statistical Service.

Consumer prices in March were said to have risen by 0.1% from the previous month, while the inflation in the first quarter was 3.3% from a year earlier. The economic activity index in March was said to have advanced by 6.6% form a year earlier and by 18.4% compared to the previous month of February.

The projected inflation rate in the budget for this year is 4% (± 1.5%), GDP projection is 4.2%. -0-

spot_img

POPULAR

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

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

US dollar exchange rate slightly down, those of euro and ruble up

The average market exchange rate of the U.S. dollar to the Armenian dram on May 13, 2025, decreased by 0.78 points compared to May 12 and amounted to 388.08 drams.

LATEST NEWS

spot_imgspot_imgspot_img