Armenia posts 1.5% deflation versus 4% inflation throughout CIS in 9 months

YEREVAN, November 9. /ARKA/. Armenia posted 1.5% deflation in January-September 2012 compared to the analogical period last year, versus an average 4% inflation registered throughout the CIS (Commonwealth of Independent States), according to the Interstate Statistical Committee of the CIS.

Within the mentioned period, the deflation was also reported in Azerbaijan and Ukraine at 2.7% and 0.3 % respectively.

At the same time, consumer prices rose 0.8% in Armenia in September from August (average 0.5% throughout the CIS). The other CIS members reported inflation in January-September 2012 compared to the same period a year earlier, according to the source.

Within the reported period, the highest inflation rates were posted in the following states: Belarus- 16.1%, Russia- 5.2% and Tajikistan- 5.6%, Kazakhstan-3.9%,  Kyrgyzstan- 3.1% and Moldova- 2.4%. There is no information available about Turkmenistan and Uzbekistan. —0-

spot_img

POPULAR

Fitch: Armenia’s International Reserve Adequacy to Remain Below That of Similar-Rated Countries by 2028

Armenia's international foreign exchange reserves have reached a record high, but their sufficiency to cover the country's external needs in the medium term will remain below the average for countries with similar credit ratings, according to a report by the international rating agency Fitch Ratings.

Fitch forecasts inflation in Armenia at 4.4% in 2026, subsequently declining to 3%

The international rating agency Fitch Ratings expects inflation in Armenia to average 4.4% in 2026, after which it will gradually return to its target level of 3%.

Fitch Ratings affirmed Armenia’s rating at ‘BB-‘, maintaining a positive outlook

International rating agency Fitch Ratings has affirmed Armenia's long-term foreign and local currency Issuer Default Ratings (IDRs) at 'BB-' with a Positive Outlook.

Unibank to Raffle a Trip to Italy

Unibank announces the launch of a special campaign, "More Opportunities with Unibank Mastercard World Travel Card."

A banking STOP button has been launched in Armenia: the Central Bank has explained which transactions can be blocked

Since July 1, 2026, financial institutions in Armenia providing remote services have implemented the "STOP" mechanism, allowing customers to independently restrict individual transactions or completely block remote financial services.

LATEST NEWS

spot_imgspot_imgspot_img