Armenia reports 3.6% inflation in November year over year

YEREVAN, November 30. /ARKA/. The inflation rate in November 2012 was 3.6% year over year mainly due to non-food prices hike at 5.8%, alcohol beverage and tobacco goods- 4.6%, and food- 3.8%, according to the National Statistical Service of Armenia.

Consumer prices index in January-November 2012 from the analogical period a year earlier stood at 102.5%, including those for food- 101.9%, alcohol beverages and tobacco goods- 105.1%, non-food prices- 104.5%, service tariffs-102.1%.

At the same time, consumer prices rose 1.4% in November from October. Prices for food (including alcohol drinks and tobacco goods) have also climbed 2.4%, non-food goods prices and service tariffs rose by 0.5% and 0.1% respectively.

According to the National Statistical Service of Armenia, Armenia’s economic activity rose 4.9% in October 2012 from the same period a year earlier.

In the state budget, the GDP growth is projected at 4.2% in 2012, and the inflation rate-4% (±1,5%). ($1 – 405.19 drams).—0-

spot_img

POPULAR

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 0.27 points on October 2 compared to October 1, settling at 362.55 drams.

Unibank Offers USD-Denominated Bonds with an Annual Coupon Rate of 6%

Unibank has completed the placement of its AMD-denominated bonds ahead of schedule: the issue, with a total volume of AMD 3 billion, was fully placed within just a few days.

Exchange rates of the euro, ruble, and dollar against the Armenian dram continued to decline – 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 0.74 points on October 5 compared to October 2, settling at 361.81 drams.

Armenia and the French Development Agency Discuss New Areas of Cooperation

Armenia and the French Development Agency (AFD) are discussing future cooperation in the areas of irrigation infrastructure and agriculture, energy, solid waste management, and private sector development, the press service of the Armenian government reports.

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.

LATEST NEWS

spot_imgspot_imgspot_img