The 12-month inflation in late September was 3.3 percent

YEREVAN, October 7. / ARKA /. Consumer prices in 2015 September were 3.3 percent higher from 2014 September, according to the latest numbers, released today by the National Statistical Service of Armenia (NSS).

It said food products (including alcoholic beverages and tobacco products) rose by 2.3% year-on-year; prices of non-foods grew by 6.1% and services by 1.6%.

The 9-month inflation was 4.7%, including a 4.6% rise of food prices, a 5.9% rise of non-foods and a 3.2% rise of services.

Consumer prices when compared to 2015 August were 0.1% higher, driven mainly by a 0.6% rise of non-foods.

The government projection of 2015 inflation is 4% (± 1.5%), and the GDP forecast is 4.1%. – 0-

spot_img

POPULAR

Central Bank of Armenia increased the countercyclical capital buffer for banks to 2.25%

The Board of the Central Bank of Armenia has decided to increase the countercyclical capital buffer for banks by 0.25 percentage points, setting it at 2.25% of risk-weighted assets.

Armenia plans to significantly increase capital expenditure on infrastructure — Ministry of Finance

Armenian Finance Minister Vahe Hovhannisyan and Asian Development Bank (ADB) Vice President Wempi Saputra discussed prospects for expanding cooperation, including in infrastructure investment and promoting the export of Armenian products.

Armenia’s corporate bond market could double over five years – head of CUBE Invest

Armenia’s corporate bond market is entering a new stage of development, expanding opportunities for businesses to secure financing while offering investors an alternative to bank deposits.

An increase in refinancing rate will not necessarily lead to higher loan prices: Head of Central Bank

An increase in the refinancing rate does not necessarily mean higher loan prices, stated Martin Galstyan, Chairman of the Central Bank of Armenia.

Armenian brokerage market until 2030: ARKA agency presented a study

The Armenian brokerage market continues to grow, but its future development will be determined not so much by the number of open accounts as by its ability to attract and retain active investors.

LATEST NEWS

spot_imgspot_imgspot_img