1.2% year-on-year inflation in Armenia in November

YEREVAN, December 9. /ARKA/. Consumer prices in Armenia rose 1.2% in November 2015, compared with the same month a year earlier, the National Statistical Service of Armenia reports.

The index of prices for foods, alcoholic drinks and tobacco products was 98.7% in November 2015, compared with November 2014, and that of nonfoods was 104.5%. The index of prices for services was 101.9%.

In Jan-Nov 2015, compared with the same period a year before, consumer prices went 4.1% up – foods rose 3.6%, nonfoods 5.8% and services 2.9%.

According to the statistical report, inflation stood at 0.6% in November, compared with October. It was mainly due to a 1.7% price rise at food market.

In the government budget for 2015, inflation is projected at 4(±1.5%) and GDP growth at 4.1%. –0—

spot_img

POPULAR

VTB (Armenia) Expands Payment Options for Russian Tourists

Ahead of the tourist season, VTB (Armenia) is strengthening its acquiring infrastructure, expanding its network and introducing digital payment solutions.

ADB considers Armenia’s capital market development key to long-term financing, investment, and sustainable growth

Developing Armenia's capital market is considered key to increasing the availability of long-term financing and supporting investment, economic diversification, and sustainable growth, according to the ADB's Asian Development Outlook (April 2026).

Some 68% of March inflation in Armenia contributed by food and non-alcoholic beverages-WB

In March, Armenia's inflation rose to 4.5 percent (yoy) from 4.3 percent (yoy) in February, according to World Bank's Armenia Monthly Economic Update – April 2026.

Armenian commercial banks paid 28.65 billion drams in various taxes in Q1

All 17 Armenia-based commercial banks are included in the list of the 1,000 largest taxpayers in the first quarter of 2026, having paid a total of 28.65 billion drams to the state budget, according to data released today by the State Revenue Committee.

500-Dram Coins Remain in Circulation in Armenia Following Removal of Old Banknotes

500-Dram coins remain in circulation in Armenia; the decision to withdraw old-generation banknotes from circulation does not apply to them, according to a statement from the Central Bank's press service.

LATEST NEWS

spot_imgspot_imgspot_img