Sat, 22 February
-6.9 C
Yerevan
USD: 394.41 RUB: 4.46 EUR: 412.67 GEL: 140.79 GBP: 498.77
spot_img

Armenia posted 3.2% inflation in January-September against average 3.5% across CIS

YEREVAN, November 6. /ARKA/. Inflation was 3.2% in Armenia in January-September from a year earlier, as compared to an average of 3.5% in the CIS in the period, the CIS Statistical Committee reported.

Armenia had the second highest inflation rates in the CIS, staying behind Belarus which posted 10-percent inflation in the period.

Azerbaijan reported 2.7-percent inflation, Russia –2.4%, Kazakhstan –2.2%, Tajikistan –1.4%, Kyrgyzstan –1.1% and Ukraine –0.1%.

Inflation levels in other CIS countries in the period were as follows: Russia 4.7%, Kazakhstan 3.3%, Tajikistan 2.8%, Moldova 2.3%, Kyrgyzstan 1.6% and Azerbaijan 0.2%.

Only semi-annual data were provided for Turkmenistan that recorded a 1.7% deflation. Ukraine posted 0.6% deflation. No data are provided for Uzbekistan.

Consumer prices dropped 0.2% in Armenia in September 2013 from August (average 0.2% inflation in the CIS).

The highest increase in consumer prices in the period was reported in Belarus (1.7%) followed by Moldova (1.1%), Kyrgyzstan (0.5%), Tajikistan (0.3%), Russia (0.2%), Kazakhstan (0.2%) and Azerbaijan (0.1%).

Consumer price index remained unchanged in Ukraine in September against August.—0-

spot_img

POPULAR

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

Ranking of Armenia’s most profitable banks in 2024

ARKA news agency has released a ranking of the most profitable commercial banks in Armenia in 2024.

Arka news agency’s ranking of most profitable Armenian banks in 2019

In 2019, Armenia-based commercial banks earned a total of 78.8 billion drams in net profit, up from 56.4 billion drams they had earned in 2018, according to ARKA news agency's ranking of the most profitable commercial banks in the fourth quarter of 2019

Top ten Armenian banks by size of lending in 2019

In 2019, the overall loan portfolio of Armenia's banking sector grew by 16.4% to 3.572.2 trillion drams

Euro down 2.2 points to AMD 412.42

The average market exchange rate of the U.S. dollar to the Armenian dram on February 19, 2025, totaled 395.72 drams, down 0.51 points compared to February 18.

LATEST NEWS

spot_imgspot_imgspot_img