Mon, 7 July
17.1 C
Yerevan
USD: 384.26 RUB: 4.88 EUR: 452.58 GEL: 141.37 GBP: 524.44

2.3% inflation in Armenia in July 2018

YEREVAN, August 8. /ARKA/. Consumer prices in Armenia rose 2.3% in July 2018, compared with July 2017, the National Statistical Service of Armenia reports.

Foods, spirits and tobacco products became 1.3% cheaper, while prices for nonfoods and services rose 5.5% and 1.4% respectively.

In July 2018, compared with the previous month, consumer prices went 1.2 percent down mainly due to a 2.9% decrease in prices for foods and spirits.

In Jan-July 2018, compared with Jan-July 2017, consumer prices rose 2.4%.

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

spot_img

POPULAR

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

Central Bank invalidated banking license of Ardshininvestbank due to its merger with Ardshinbank

The Board of the Central Bank of Armenia has revoked the banking license of Ardshininvestbank CJSC (formerly HSBC Bank Armenia CJSC) following its merger with Ardshinbank CJSC.

Unibank’s “Haghtanak” branch serves clients from 9:30 am to 7:30 pm

Unibank branch “Haghtanak” has switched to a new operating mode - extended hours. Now clients can receive a full range of banking services from Monday to Friday - from 9:30 am to 7:30 pm.The branch is located at N94, 62 Komitas, Yerevan. 

ADB forecasts inflation in Armenia at 3% in 2025 and 2.8% in 2026

The Asian Development Bank (ADB) forecasts inflation in Armenia at 3% in 2025, said Don Lambert, Director of the Bank’s Resident Mission in Armenia.

Armenian parliament approves annual report on execution of 2024 state budget

At a session on Thursday, the National Assembly of Armenia approved the annual report on the execution of the 2024 state budget.

LATEST NEWS

spot_imgspot_imgspot_img