Thu, 26 February
6.1 C
Yerevan
USD: 376.92 RUB: 4.92 EUR: 444.01 GEL: 140.90 GBP: 509.29

Armenia’s 9-month inflation up 0.6%

YEREVAN, October 5. /ARKA/. In the first 9 months of this year inflation in Armenia grew by 0.6% year-on-year, the National Statistical Service (NSS) said today. It said food prices in the reporting period (including alcoholic beverages and tobacco products) increased by 3.8%, while prices of non-food products and services decreased by 2.6% and 1.4%, respectively.

According to the National Statistical Service, in September, inflation was fixed at 0.2% against the previous month, prompted by a 1.3% rise in the prices of non-food products. In September this year inflation was 1% up from the year ago. The government-projected inflation rate for this year is 3.2%. -0-

spot_img

POPULAR

S&P assesses risks to Armenia’s financial stability as contained

International rating agency S&P Global Ratings assesses risks to Armenia's financial stability as contained.

Acba Bank Group Develops a Transparent Management System

Acba Bank Group continues large-scale reforms of its corporate governance culture to improve management efficiency, transparency, and accountability.

“Globbing” LLC’s bonds worth 1.5 billion drams and $2 million have been listed on Armenia Securities Exchange (AMX)

The Armenian Securities Exchange (AMX) today welcomed the entry of one of the leading online shopping companies, Globbing LLC (Global Shipping LLC), to the capital markets.

Ranking of largest credit institutions in Armenia by asset volume in 2025

ARKA News Agency has published a ranking of Armenia's largest credit institutions by total assets for 2025.

Net profit of Armenian credit institutions in 2025 increased 2.9-fold to 56.9 billion drams

The total net profit (after tax) of Armenian credit institutions in 2025 amounted to 56.87 billion drams, compared to 19.50 billion drams in 2024 (an increase of 2.9-fold, or 191.6%).

LATEST NEWS

spot_imgspot_imgspot_img