Tue, 10 February
2.1 C
Yerevan
USD: 377.88 RUB: 4.89 EUR: 450.06 GEL: 140.75 GBP: 516.34

Inflation at 0.3% in Armenia in October

YEREVAN, October 31. /ARKA/. Inflation was 0/3% on Armenia’s consumer market in October against September, ArmStat reported.

Food (including alcoholic drinks and tobacco) prices rose by 0.3% in October versus September; prices for nonfoods hiked by 1.4% and service prices dropped by 0.3% in the period, according to the report.

Consumer price index constituted 107.1% in October 2013 compared to the same period the year before.
The index was 106.3% for foodstuffs (including alcoholic drinks and tobacco), 103.9% for nonfoods and 110.3% for services.

Under the 2013 state budget, inflation level planned was 4% (±1.5%). –0—

spot_img

POPULAR

Euro and dollar rise against Armenian dram, while ruble weakens

The average market exchange rate for the US dollar against the Armenian dram on the Armenian foreign exchange market as of February 9, 2026, rose by 0.27 points compared to February 6, reaching 377.97 drams.

Unibank issued a statement

Unibank commented on the publication regarding its inclusion in the EU anti-Russian sanctions package.

Armbanks Weekly Digest: Key Events in Armenia’s Financial Market (February 2–8)

Last week, Armenia's financial market was shaped by monetary policy decisions, changes to payment infrastructure regulations, and regulatory signals regarding the cryptocurrency sector.

First deal in Armenian insurance market: Grawe Group and C-Quadrat acquire LIGA Insurance

On January 30, the Central Bank of Armenia approved the acquisition of 100% of the shares of LIGA INSURANCE by the Austrian Grawe Group and C-Quadrat Investment Group.

Armenian pensioners urged to choose a bank for cashless payments by March 5

The Armenian Ministry of Labor and Social Affairs has urged pensioners and benefit recipients who continue to receive payments in cash to choose a bank by March 5, 2026, to switch to cashless payments.

LATEST NEWS

spot_imgspot_imgspot_img