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

In February, commercial bank deposits in Armenia decreased by 0.2%, while lending expanded by 0.9% — World Bank

In February 2026, commercial bank deposits in Armenia decreased by 0.2% (MoM), while lending grew by 0.9% (MoM), according to the World Bank's "Armenia Monthly Economic Update – April 2026."

Euro and US dollar drop against Armenian dram, while ruble rises

The average market exchange rate for the US dollar against the Armenian dram, formed on the Armenian foreign exchange market as of April 20, 2026, decreased by 0.49 points compared to April 18, to 372.85 drams.

Unibank will provide refunds to bona fide business clients

In light of the decision of the Central Bank of the Republic of Armenia dated April 2, 2026, to reduce risk coefficients for applications from micro, small, and medium-sized enterprises when calculating credit risk, Unibank is reviewing and improving its lending terms.

Ranking of most profitable banks in Armenia based on results of first quarter of 2026

ARKA News Agency has published a ranking of the most profitable banks in Armenia based on the results of the first quarter of 2026.

Armenian authorities expect capital market value to double to 1.3 trillion drams by 2031 – Pashinyan

The capital market in Armenia is projected to grow from 664 billion drams in 2025 to 1.3 trillion drams by 2031, as stated by Prime Minister Nikol Pashinyan while unveiling the election platform of the Civil Contract party.

LATEST NEWS

spot_imgspot_imgspot_img