Tue, 29 April
19.1 C
Yerevan
USD: 389.46 RUB: 4.73 EUR: 441.92 GEL: 141.70 GBP: 519.38
spot_img

0.3% deflation recorded in Armenia in 10 months against 4.5% inflation in CIS on whole

YEREVAN, December 6. /ARKA/. 0.3% deflation was recorded in Armenia in January-October 2012, as compared with the same period of the year, against 4.5% inflation in the CIS on the whole.
CIS Statistical Committee also reports that, in the same period, consumer market prices dropped in Azerbaijan and Ukraine as well – by 1.9% and 0.3% respectively.

Yet, in October against September, Armenian consumer prices climbed by 1.3%. In the same period, 0.5% inflation was recorded in CIS as a whole.

In all other CIS countries inflation was recorded apart from Ukraine where prices remained unchanged in October against September.

The highest increase in consumer prices in 10 months, 18.1%, was observed in Belarus, as compared with January-October 2011. Price rises for the other countries are as follows: Tajikistan – 6.1%, Russia – 5.6%, Kyrgyzstan – 5%, Kazakhstan – 4.6%, Moldova – 3%.

Consumer prices rose by 1.1% in Turkmenistan in September 2012, compared with December 2011.–0–

spot_img

POPULAR

Euro exchange rate down 1 point, while US dollar and ruble up

The average market exchange rate of the U.S. dollar to the Armenian dram on April 25, 2025, rose by 0.77 points compared to April 23 and amounted to AMD 390.33.

Armenia may access $25 mln from the IMF under the SBA agreement in June

An International Monetary Fund (IMF) team led by Iva Petrova visited Yerevan from March 31 to April 10, 2025, to conduct discussions for the fifth review under the Stand-By Arrangement (SBA) with Armenia.

Instruments for supporting SMEs in Armenia were discussed with bankers at the Ministry of Economy

Financial instruments for supporting small and medium-sized businesses (SMEs) were discussed by Deputy Minister of Economy of Armenia Lilia Sirakanyan and bank representatives.

Armenia ratifies EUR 10.1 million investment agreement with EIB on Yerevan’s Second Energy Efficiency Program

The Armenian Parliamentary Committee on Financial, Credit and Budgetary Affairs gave a positive conclusion at its meeting on Friday on the ratification of the agreement on the investment grant for the "Second Yerevan Energy Efficiency Program" in the amount of EUR 10.1 million.

In February, deposits in Armenian banks grew by 1%, loans decreased by 0.1% due to dram funds

In February 2025, deposits in Armenian commercial banks grew by 1% (MoM), while loans decreased by 0.1% (MoM), in both cases the changes were due to funds denominated in drams.

LATEST NEWS

spot_imgspot_imgspot_img