Mon, 9 June
20.1 C
Yerevan
USD: 384.44 RUB: 4.83 EUR: 434.11 GEL: 140.51 GBP: 515.15

Armenia had third lowest inflation rate among former Soviet republics

YEREVAN, JANUARY 19. / ARKA /. Armenia had the third lowest inflation rate among some former Soviet republics last year, according to Gurgen Martirosyan, head of a department of the National Statistical Service (NSS).

According to the National Statistical Service, consumer prices last year grew by 4.6% from the previous year. Martirosyan said last year’s inflation in Ukraine surged by 24.9%, in Belarus it jumped by 16.2%, in Russia it was 11.4% and in Kyrgyzstan it soared by 10.5%. The lowest rates of inflation were reported by Tajikistan – 3.6% and Georgia – 2%.

The Armenian government projection of inflation for 2014 was 4% (± 1.5%). The same forecast is made for 2015. -0-

spot_img

POPULAR

Arka news agency’s ranking of most profitable Armenian banks in 2019

In 2019, Armenia-based commercial banks earned a total of 78.8 billion drams in net profit, up from 56.4 billion drams they had earned in 2018, according to ARKA news agency's ranking of the most profitable commercial banks in the fourth quarter of 2019

Top ten Armenian banks by size of lending in 2019

In 2019, the overall loan portfolio of Armenia's banking sector grew by 16.4% to 3.572.2 trillion drams

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

US dollar, euro and Russian ruble exchange rates down against  Armenian dram

The average market exchange rate of the U.S. dollar to the Armenian dram on May 15, 2025, decreased by 1.05 points compared to May 14 and amounted to 386.94 drams.

LATEST NEWS

spot_imgspot_imgspot_img