Fri, 19 September
14.1 C
Yerevan
USD: 382.59 RUB: 4.62 EUR: 452.83 GEL: 140.01 GBP: 522.58

About 62% of bankers surveyed by Central Bank of Armenia in 3rd Q forecast 2.5-5.5% 12-month inflation

YEREVAN, November 22. /ARKA/. About 62% of the bankers surveyed by the Central Bank of Armenia in the third quarter forecasted 2.5-5.5% 12-month inflation.

The regulator is periodically conducting surveys to be aware of financial organizations and households’ inflation outlooks.

In the central bank’s previous survey, the 2.5-5.5% inflation was predicted by 57% of respondents.
The rate of the banks believing that inflation will be between 5.5 and 8.5% contracted from 38.1% in the previous poll to 33% now.

The credit organizations surveyed by the central bank divided into those 41% forecasting 2.5-to-5.5-percent inflation and those 41% who predicted 5.5-8.5%.

Households’ outlooks, in the two latest polls, were closed to the 4.5% projected in the budget.
According to the central bank’s forecast, inflation will stand at 3.4% by the end of this year. The regulator now changed its previous forecast upward.

In the 2012 government budget, inflation is projected at 4% (±1.5%). -0—-

spot_img

POPULAR

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

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.

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.

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

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

3.6% inflation registered in Armenia in August

n the consumer market of Armenia, 12-month inflation in August of this year amounted to 3.6%, according to the report of the National Statistical Committee (NSC) of Armenia.

LATEST NEWS

spot_imgspot_imgspot_img