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 Armenia’s Largest Credit Institutions by Total Capital in Q1 2026

ARKA News Agency publishes a ranking of Armenia's largest credit institutions by total capital for the first quarter of 2026.

Armbanks Weekly Digest: Key Events in the Armenian Financial Market (May 4-10)

The week in the Armenian financial market was influenced by decisions and statements by the Central Bank, updated macroeconomic data, and capital market activity.

Loans issued by Armenian commercial banks exceeded 8.16 trillion drams at the end of March

The volume of loans issued by commercial banks in Armenia as of the end of March 2026 amounted to 8,163,745 million drams, compared to 8,035,184 million drams at the end of February, according to data from the Statistical Committee.

Planning your trip from a scratch: tips from IDBank

Have you already decided where you want to spend your vacation? While being on a trip is always associated with pleasant expectations, planning it can sometime turn into a real disaster.

New GAMES section launched on Novosti-Armenia website

A new digital section, GAMES, has been launched on the Novosti-Armenia website.

LATEST NEWS

spot_imgspot_imgspot_img