Fri, 12 December
1.1 C
Yerevan
USD: 381.84 RUB: 4.82 EUR: 447.02 GEL: 141.56 GBP: 510.83

Armenia’s inflation in January 2019 was 0.6 percent

YEREVAN, February 5. /ARKA/. Armenia’s inflation in January 2019 was 0.6% when compared to January 2018, the National Statistical Committee (NSC) said.

It said during the reporting period prices for food products (including alcoholic beverages and tobacco products) increased by 0.5%, while prices for non-food products and services increased by 0.9% and 0.6%, respectively.

According to the National Statistics Committee, in January 2019, consumer prices rose by 1.7% when compared with December 2018, driven largely by a 4.2% rise in prices for food products and non-alcoholic beverages. The government’s projection of inflation for 2019 is 4% (± 1.5%). -0-

spot_img

POPULAR

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

Net loan portfolio of Armenian banks in Q2 2025 increased by 6.11% to AMD 6.8 trillion

The combined loan portfolio of 17 Armenia-based commercial banks upped  by 6.11% in Q2 2025 compared to Q1 2025, amounting to AMD 6.82 trillion, according to a ranking compiled by  the ARKA news agency.

Moody’s upgrades Converse Bank’s ratings

Moody's Ratings has upgraded Converse Bank CJSC's long-term local and foreign currency bank deposit ratings to Ba3 from B1, aligning the Bank’s rating with Armenia’s sovereign rating.

Ranking of the most profitable banks in Armenia based on results of second quarter of 2025

ARKA news agency publishes the ranking of the most profitable commercial banks in Armenia based on the results of the second quarter of 2025.

The average exchange rate of the Armenian dram to the US dollar in November was 1.8% lower than a year ago

In November 2025, the average exchange rate of the Armenian dram to the US dollar was 382.0 drams, which is 1.8% lower than the same figure in November 2024 (389.0 drams).

LATEST NEWS

spot_imgspot_imgspot_img