Inflation at 2.6% in Armenia in 2012, according to preliminary information

YEREVAN, January 25. /ARKA/. Inflation, as per preliminary information, was 2.6% in Armenia in January-December 2012 against the same period of 2011, Armenia’s National Statistical Service reported.

Economic growth reached 7.2% in January-December 2012, as compared to the same period of the year before.

Under the government budget, 4% (±1.5%) inflation and 4.3% GDP growth are planned for 2012. –0–

spot_img

POPULAR

Governor of the Central Bank of Armenia discussed economic risks and prospects and capital market development with the IMF delegation

On Wednesday, at the opening meeting with the IMF mission delegation to Armenia, led by Alexander Timan, the Governor of the Central Bank of Armenia, Martin Galstyan, discussed recent macroeconomic developments, economic prospects, and key risks.

More than just awards: the Junius Financial Tournament has concluded

Complex calculations, tough competition and major victories: the popular among children Junius Financial Tournament has come to an end.

Central Bank raised the rate: what could happen to loans and deposits – and why not right away

The Central Bank of Armenia's increase in the monetary policy rate to 6.75% does not automatically and immediately lead to higher rates on bank loans and deposits.

Central Bank of Armenia and National Bank of Georgia Sign Memorandum of Understanding on Financial Cooperation

The Central Bank of Armenia and the National Bank of Georgia have signed a memorandum of understanding regarding financial cooperation.

Acba Bank is a market maker for EBRD bonds in Armenia

Acba Bank will act as a market maker for dram-denominated bonds of the European Bank for Reconstruction and Development (EBRD) on the Armenia Securities Exchange (ASE), ensuring their liquidity in the secondary market, the bank's press service reported.

LATEST NEWS

spot_imgspot_imgspot_img