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

Dollar and ruble exchange rates rose, while the euro continued to decline: Central Bank of Armenia

The average market exchange rate of the US dollar to the Armenian dram, formed on the Armenian foreign exchange market, increased by 0.05 points on October 27, 2026, compared to October 26, 2026, to 360.93 drams.

Central Bank of Armenia adopts measures to avert worst-case economic scenarios

The Central Bank of Armenia has shifted its focus from a single baseline scenario to an analysis of multiple potential scenarios, aiming to identify those that pose the most significant threats, according to the regulator’s Governor, Martin Galstyan.

Armenia’s Deputy Prime Minister and ADB Vice President Discussed Attracting Private Capital and Infrastructure Development

Opportunities for attracting private capital, expanding public-private partnerships (PPPs), and implementing the "Crossroads of Peace" project were discussed at a meeting between Armenian Deputy Prime Minister Mher Grigoryan and an Asian Development Bank (ADB) delegation led by Vice President Wempi Saputra.

Yerevan’s own budget revenues exceed target by 3.6 billion drams over 9 months

As of September 30, 2026, Yerevan’s budget had received 75.7 billion drams in own revenues, surpassing the 72.9 billion drams projected for the January–September period, reported David Hakobyan, acting head of the Revenue Accounting and Collection Department at the Yerevan City Hall.

Armenia plans to significantly increase capital expenditure on infrastructure — Ministry of Finance

Armenian Finance Minister Vahe Hovhannisyan and Asian Development Bank (ADB) Vice President Wempi Saputra discussed prospects for expanding cooperation, including in infrastructure investment and promoting the export of Armenian products.

LATEST NEWS

spot_imgspot_imgspot_img