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

Fitch: Armenia’s International Reserve Adequacy to Remain Below That of Similar-Rated Countries by 2028

Armenia's international foreign exchange reserves have reached a record high, but their sufficiency to cover the country's external needs in the medium term will remain below the average for countries with similar credit ratings, according to a report by the international rating agency Fitch Ratings.

Unibank to Raffle a Trip to Italy

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

”Araks” poultry farm produces 10 tons of poultry meat and 400 thousand eggs daily, its partner is Acba Leasing

For about 30 years, the Araks poultry farm has been providing the Armenian market with fresh poultry meat and eggs every day.

A banking STOP button has been launched in Armenia: the Central Bank has explained which transactions can be blocked

Since July 1, 2026, financial institutions in Armenia providing remote services have implemented the "STOP" mechanism, allowing customers to independently restrict individual transactions or completely block remote financial services.

Fitch Ratings affirmed Armenia’s rating at ‘BB-‘, maintaining a positive outlook

International rating agency Fitch Ratings has affirmed Armenia's long-term foreign and local currency Issuer Default Ratings (IDRs) at 'BB-' with a Positive Outlook.

LATEST NEWS

spot_imgspot_imgspot_img