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Armenia’s inflation at 4.4% in January-May

YEREVAN, June 20. /ARKA/. Armenia recorded 4.4% inflation in January-May 2014 against the same period of the year before, ArmStat told ARKA.

Consumer prices decreased by 0.8% in the country ni May compared to April, according to the report.

A 4% year-on-year increase was recorded in economic activity in January-May.

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

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Dollar and ruble exchange rates against Armenian dram rose, while euro fell

The average market exchange rate of the US dollar to the Armenian dram, as of April 2, 2025, rose by 0.06 points compared to April 1, reaching 391.16 drams.

US dollar slightly down  against dram

The average market exchange rate of the U.S. dollar to the Armenian dram on May 7, 2025, decreased by 0.18 points compared to May 6 and amounted to 389.28 drams.

Central Bank leaves refinancing rate unchanged taking into account high uncertainty in US economic policy

The Central Bank of Armenia decided today to leave the refinancing rate unchanged at 6.75% taking into account a set of factors such as  the continued high uncertainty surrounding the US economic policy, declining confidence in the global economy, growth slowdown and  a possible  weakening demand in Armenia, the head of the regulator Martin Galstyan said at a press conference on Tuesday.

Euro and ruble exchange rates to the Armenian dram fell, the dollar rose

The average market exchange rate of the US dollar to the Armenian dram, formed on the Armenian currency market as of June 6, 2025, increased by 0.06 points compared to June 5 and amounted to 383.46 drams.

Armenia’s public debt increased by 4.4% to 5.3 trillion drams – Finance Minister

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