1.9% year-on-year inflation reported in Armenia in April

YEREVAN, May 2. /ARKA/. The National Statistical Service of Armenia reports inflation at 1.9% in April from the same month a year earlier due to rise in prices for food goods ( including alcohol beverages and tobacco goods) by 1.5% and for non-food goods- by 4.3%.

According to the source, the prices for tariffs in services’ sphere advanced by 1.5% in April of this year from that of the  last year.
Consumer price index within January-April of 2012 recoded 103% from the same period a year earlier. In the food goods ( including alcohol beverages and tobacco goods) the index reached 103.2%, in non-food goods- 103.8%, and in services’ sector’s  tariffs – 102.1%.

At the same time consumer price index dropped by 0.6 % in April from March. Along with this the prices for food goods ( including alcohol beverages and tobacco goods) also fell by 1.3%, and for non-food goods and services ‘sector’s  tariffs jumped by 0.9% and 0.1% respectively.

The National Statistical Service also says that consumer price index in all reviewed towns lost 2.0-0.2%. The highest drop index was reported in Eghegnadzor town. At the same time consumer price index slip by 0.5% in the capital of Armenia.

Inflation in Armenia is projected at 4% (±1,5%). —0–

spot_img

POPULAR

Climate risks at the settlement level: Central Bank of Armenia unveils new tool

The Central Bank of Armenia, with the support of the Asian Development Bank, has unveiled the "Armenia Climate Risk Maps" program, which enables the assessment of climate-related and natural threats specific to various territories at the settlement level.

Rate.Trading: Currency Exchange on a New Digital Platform

The development of digital financial services today involves not only improving existing banking products but also creating specialized platforms that make financial services more efficient and accessible.

Armenia proposes EBRD expand SME support to diversify exports

Armenian Minister of Economy Gevorg Papoyan and a delegation from the European Bank for Reconstruction and Development (EBRD)—led by Elisabetta Falcetti, Managing Director for Turkey and the Caucasus—agreed to advance their cooperation agenda during a meeting on Thursday.

Exchange rates of the euro, ruble, and dollar against the Armenian dram have fallen – Central Bank of Armenia data

The average market exchange rate of the US dollar against the Armenian dram, established on Armenia's currency market, fell by 0.18 points to 363.34 drams on September 28, compared to September 25.

Approach to financial education must focus on people’s well-being – Head of the Central Bank of Armenia

A modern approach to financial education must go beyond the mere transfer of knowledge and focus on actual financial behavior and people's well-being, stated Martin Galstyan, Chairman of the Central Bank of Armenia.

LATEST NEWS

spot_imgspot_imgspot_img