Sat, 14 February
8.1 C
Yerevan
USD: 376.94 RUB: 4.88 EUR: 446.90 GEL: 140.43 GBP: 513.28

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

U.S. dollar, euro, and ruble drop against Armenian dram

As of February 13, 2026, the average market exchange rate for the US dollar against the Armenian dram, established on the foreign exchange market, has dropped by 0.63 points from February 12, now standing at 376.94 drams.

Armenia to Receive €120.5 Million IBRD Loan for Tourism Development Program

At its session on Wednesday, the National Assembly of Armenia ratified a €120.5 million loan agreement with the International Bank for Reconstruction and Development (IBRD, a World Bank entity) for the Tourism and Regional Infrastructure Development Program (TRIP) in Armenia.

Since 2018, Armenian citizens have received 300 billion drams in income tax refunds for mortgage repayments – Ministry of Social Affairs

From 2018 to 2026, approximately 300 billion drams have been transferred to Armenian citizens under the income tax refund program for mortgage interest repayments, announced Minister of Labor and Social Affairs Arsen Torosyan.

National Assembly Committee approved a €120.5 million loan agreement with the IBRD for the tourism development program

At its meeting on Monday, the Standing Committee on Financial, Credit, and Budgetary Affairs of the Armenian National Assembly approved the ratification of a €120.5 million loan agreement with the International Bank for Reconstruction and Development (IBRD, a World Bank entity) for the Tourism and Regional Infrastructure Development Program (TRIP) in Armenia.

The average exchange rate of the Armenian dram to the US dollar in January was 4.5% lower than a year ago

In January 2026, the average exchange rate of the Armenian dram to the US dollar was 380 drams, compared to 397.9 drams in January 2025.

LATEST NEWS

spot_imgspot_imgspot_img