Sat, 6 December
2.1 C
Yerevan
USD: 381.50 RUB: 4.97 EUR: 444.45 GEL: 141.26 GBP: 508.81

Armenia’s inflation reaches 5.5 percent in January

YEREVAN, February 20. /ARKA/. Armenia recorded a 5.5% inflation level in January 2014 against January the year before, ArmStat told ARKA.

Consumer prices rose by 2.8% in the country over the month compared to December 2013, according to the report.

A 1.8% year-on-year increase was recorded in economic activity in January.

The planned 2014 inflation level is 4% (±1.5%) and GDP growth 5.2% under the budget.–0–

spot_img

POPULAR

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

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.

Net loan portfolio of Armenian banks in Q2 2025 increased by 6.11% to AMD 6.8 trillion

The combined loan portfolio of 17 Armenia-based commercial banks upped  by 6.11% in Q2 2025 compared to Q1 2025, amounting to AMD 6.82 trillion, according to a ranking compiled by  the ARKA news agency.

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.

LATEST NEWS

spot_imgspot_imgspot_img