Fri, 5 September
22.1 C
Yerevan
USD: 384.03 RUB: 4.80 EUR: 443.29 GEL: 142.29 GBP: 510.11

3% year-on-year inflation recorded in Armenia in 1st Q 2013

YEREVAN, April 3. /ARKA/. Armenia has recorded a three-percent year-on-year inflation in the first quarter of this year, Gagik Minasyan, head of the National Assembly’s finance committee, said on Wednesday.

“This inflation rate doesn’t exceed the indicator projected in the 2013 government budget,” he said.
He also said that year-on-year inflation in March 2013 stood at 3.4%.
Minasyan said economic activity grew 8% in Jan-Feb 2013, compared with the same period a year earlier, and industry grew 16%.

He added that the agriculture showed 2.2% year-on-year growth in the first quarter of this year, while construction faced 8% decline.

In the 2013 government budget, inflation is projected at 4% (±1.5%) and GDP growth at 6.2%. —0—

spot_img

POPULAR

Cryptocurrency in Armenia: Stringent Regulations and Elevated Expectations

The future of cryptocurrencies in Armenia was a topic of discussion among participants at the Armenian Cryptocurrency Assets Forum, which recently took place in Yerevan.

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

ArCa payment system reinstated

The Armenian Card (ArCa) payment system has been completely reinstated, according to a report from the company's press service.

Acba Bank’s 66th branch launched

Acba Bank has launched its 66th branch, "Homeplex Mall". The branch is open from Monday to Sunday from 09:00 to 24:00 (cash service: 09:00-21:15).

Measures to encourage cashless transactions discussed in Armenia

The Armenian government, chaired by Prime Minister Nikol Pashinyan, convened a meeting yesterday to deliberate on initiatives aimed at promoting cashless transactions, the government press service reported.

LATEST NEWS

spot_imgspot_imgspot_img