February inflation in Armenia is 3.3 percent

YEREVAN, March 7. /ARKA/. Armenia’s consumer prices in February 2018 increased by 3.3% from 2017 February, according to the latest numbers, released today by the National Statistical Service (NSS).

It said prices for food products (including alcoholic beverages and tobacco products) increased by 4%, while prices for non-food products and services rose by 4.6% and 1.6%, respectively.

In February consumer prices fell by 0.5%, when compared with the previous month driven by a 1.2% drop in the prices for food and non-alcoholic beverages. The government’s inflation forecast for 2018 is 4% (± 1.5%). -0-

spot_img

POPULAR

Converse Bank and ADB expand access to MSME and sustainable finance in Armenia

Converse Bank and Asian Development Bank (ADB) have signed a financing agreement of up to USD 15 million aimed at expanding access to finance for micro, small, and medium-sized enterprises (MSMEs) in Armenia, including women-led businesses, and promoting sustainable investments.

Euro, dollar, and ruble exchange rates against the Armenian dram fell: Central Bank of Armenia

The average market exchange rate for the US dollar against the Armenian dram, formed on the Armenian foreign exchange market as of June 22, 2026, fell by 0.08 points compared to June 19, to 368.07 drams.

Armenia expects to reduce public debt to 45% of GDP within five years: Deputy Finance Minister

The Armenian government aims to bring the public debt-to-GDP ratio to 45%, approximately within five years, stated Deputy Finance Minister Avag Avanesyan.

A 5 MW solar power plant was built in the village of Lanjar with the assistance of Acba Leasing

Lanjar Energy's 5 MW solar power plant with a capacity of 9 million kWh is located in the village of Lanjar in the Ararat region.

Institute of Theater and Cinematography has implemented the latest video editing software

A new stage of development has begun at the Yerevan State Institute of Theater and Cinematography.

LATEST NEWS

spot_imgspot_imgspot_img