Consumer prices in Armenia 2.7% up in January 2018

YEREVAN, February 6. /ARKA/. Consumer prices in Armenia rose 2.7% in January 2018, compared with January 2017, the National Statistical Service reported on Tuesday.

Prices for foods, spirits and tobacco products went 4% up and nonfoods and services 3.5% and 0.6% respectively.

In January 2018, compared with the previous month, consumer prices rose 2.7%. The price rise was mostly due to a 5.7% increase in prices for foods and soft drinks.

In the government budget for 2018, inflation is projected at 4% (±1.5%). -0—

spot_img

POPULAR

Ranking of most profitable banks in Armenia based on results of first quarter of 2026

ARKA News Agency has published a ranking of the most profitable banks in Armenia based on the results of the first quarter of 2026.

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).

Euro slashes against  Armenian dram

As of April 23, 2026, the average exchange rate for the US dollar to the Armenian dram, established in the Armenian foreign exchange market, has fallen by 0.55 points from April 22, now standing at 371.83 drams.

In February, Armenia’s net inflow of non-commercial money transfers grew moderately after a jump in January – WB

In February, net non-commercial money transfers to Armenia grew by 5.2 percent (yoy), following a 44 percent (yoy) surge in January, according to World Bank's Armenia Monthly Economic Update – April 2026 .

Net remittance inflow to Armenia from abroad increased approximately 3.5-fold in two months

The net inflow of non-commercial money transfers to Armenia, from abroad through the Armenian banks amounted to $303 million in January-February 2026, compared to $87.5 million in January-February 2025, according to a report from the Central Bank.

LATEST NEWS

spot_imgspot_imgspot_img