Tue, 28 October
6.1 C
Yerevan
USD: 382.70 RUB: 4.81 EUR: 445.50 GEL: 140.80 GBP: 510.64

Inflation at 0.9% in Armenia in November

YEREVAN, November 29. /ARKA/. Inflation was 0.9% on Armenia’s consumer market in November against October, ArmStat reported.

Food (including alcoholic drinks and tobacco) prices rose by 1.6% in November versus October; prices for nonfoods hiked by 0.5% and service prices dropped by 0.1% in the period, according to the report.

Consumer price index constituted 106.6% in November 2013 compared to the same period the year before.

The index was 105.6% for foodstuffs (including alcoholic drinks and tobacco), 103.9% for nonfoods and 110.1% for services.

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

spot_img

POPULAR

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

The UAE instead of Europe : why Armenia needs to change its approach to crypto regulation – EXCLUSIVE

The Armenian Forum on Cryptocurrency Assets, organized by the Cilicia Business Club, was recently conducted in Yerevan.

Moody’s upgrades Converse Bank’s ratings

Moody's Ratings has upgraded Converse Bank CJSC's long-term local and foreign currency bank deposit ratings to Ba3 from B1, aligning the Bank’s rating with Armenia’s sovereign rating.

“We want the word ‘investor’ in Armenia to mean normality, not elitism” – Freedom Broker Armenia

ARKA news agency spoke with Freedom Broker Armenia Director Ovak Ovakimian about the transformation of investment thinking, company strategy and trust as an economic value.

Ranking of the most profitable banks in Armenia based on results of second quarter of 2025

ARKA news agency publishes the ranking of the most profitable commercial banks in Armenia based on the results of the second quarter of 2025.

LATEST NEWS

spot_imgspot_imgspot_img