Sat, 18 October
17.1 C
Yerevan
USD: 382.59 RUB: 4.71 EUR: 447.25 GEL: 141.36 GBP: 513.89

Armenia comes the 7th in inflation rate among CIS members

YEREVAN, July 31. /ARKA/. The CIS Statistics Committee reported one of the lowest inflations in Armenia at 0.8% in May of this year from December of 2001 among the other Commonwealth countries.

According to the data, consumer prices in Armenia shrank by 1.3% in May from April of this year.
All CIS members reported an inflation at an average of 2% in May from December of 2011 except for Azerbaijan where consumer prices fell by 0.8% within this period.

The highest inflation was seen in Belarus- 8.5%, Kazakhstan-2.4%, Russia- 2.3%. Tajikistan- 2.3%. Kyrgyzstan-1.3%, Moldova-1.2% and Ukraine- 0.4%.

There is no data on Turkmenistan and Uzbekistan provided.—0-

spot_img

POPULAR

Ranking of the most profitable banks in Armenia based on results of second quarter of 2025

ARKA news agency publishes the ranking of the most profitable commercial banks in Armenia based on the results of the second quarter of 2025.

Investor of the new era: how the capital management culture is changing in Armenia

Interest in investments in Armenia is growing, but it is too early to talk about an established capital management culture.

The UAE instead of Europe : why Armenia needs to change its approach to crypto regulation – EXCLUSIVE

The Armenian Forum on Cryptocurrency Assets, organized by the Cilicia Business Club, was recently conducted in Yerevan.

Net loan portfolio of Armenian banks in Q2 2025 increased by 6.11% to AMD 6.8 trillion

The combined loan portfolio of 17 Armenia-based commercial banks upped  by 6.11% in Q2 2025 compared to Q1 2025, amounting to AMD 6.82 trillion, according to a ranking compiled by  the ARKA news agency.

Armenia is experiencing an investment boom: opportunities, barriers and main misconceptions

Armenia's investment market is experiencing a period of active development: the number of issues is growing, digital technologies simplify access to financial instruments.

LATEST NEWS

spot_imgspot_imgspot_img