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

Armenia’s sovereign rating increase should lower interest rates, but external factors are putting inflationary pressure on the country: Pashinyan

During government hour in parliament on Wednesday, Armenian Prime Minister Nikol Pashinyan raised the possibility of raising interest rates on loans.

No liquidity shortage in Armenia, question is about business readiness: Central Bank Chairman

There is no liquidity shortage in Armenia, but the question remains about whether businesses meet investor requirements, according to Central Bank Chairman Martin Galstyan.

IDBank in Monaco: Armenian Financial Innovation on a Prestigious International Stage

During the two-day exhibition held in Monte Carlo, Armenia and Armenian products were showcased to the international community, ranging from fine jewelry and diamond manufacturing to innovative banking solutions.

Acba Bank and “Armenian Programs” have simplified banking operations for businesses

As part of the collaboration between Acba Bank and Armenian Programs, banking operations and accounting have been combined into a single, integrated system.

Risk premium on Armenian Eurobonds has decreased to approximately 170 bps – Central Bank Governor

The risk premium on Armenian Eurobonds has decreased to approximately 170 bps, Central Bank Governor Martin Galstyan stated yesterday at a press conference, responding to a question from ARKA news agency.

LATEST NEWS

spot_imgspot_imgspot_img