3.3% inflation recorded in Armenia in 1st Q 2018

YEREVAN, April 5. /ARKA/. Consumer prices in Armenia went 3.3% up in Jan-March 2018, compared with the same period a year before, the National Statistical Service of Armenia reports.

Prices for foods, spirits and tobacco products rose 4.2%, for nonfoods 4.4% and for services 1.4%.

In March 2018, compared with the previous month, consumer prices grew 0.1%, which was mainly due to a 0.3% increase in prices for nonfoods and services.

In March 2018, compared with March 2017, prices rose 3.7%.

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

spot_img

POPULAR

Euro and ruble exchange rates against the Armenian dram continued to decline, while the dollar rose slightly: Central Bank

The average market exchange rate for the US dollar against the Armenian dram, formed on the Armenian foreign exchange market as of July 14, 2026, increased by 0.05 points compared to July 13, reaching 366.74 drams.

Yerevan’s budget revenues for January-June exceeded the target by 10.3%

As of June 30, 2026, Yerevan's budget revenues amounted to 49.2 billion drams, compared to the planned 44.6 billion drams for January-June, according to David Hakobyan, Acting Head of the Revenue Accounting and Collection Department at the Yerevan City Hall.

Converse Bank Named Armenia’s Best Digital Bank for Consumers by Euromoney

Converse Bank has been named Armenia’s Best Digital Bank for Consumers by the internationally renowned financial publication Euromoney

Unibank to Raffle a Trip to Italy

Unibank announces the launch of a special campaign, "More Opportunities with Unibank Mastercard World Travel Card."

MONEYVAL does not pose a direct threat to the Armenian economy, but requires balanced implementation of its recommendations – economist

The recommendations of the MONEYVAL report on Armenia do not pose a direct threat to the country's economy, but their implementation must be proportionate and not create unjustified barriers for bona fide businesses and investors, according to economist Hrant Mikaelyan.

LATEST NEWS

spot_imgspot_imgspot_img