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

Central Bank of Armenia conducts currency interventions to prevent market turmoil – Galstyan

In the face of a significant influx of foreign capital, the Central Bank of Armenia periodically conducts currency interventions to prevent serious turmoil in the currency market.

Armenia’s 2027 state budget envisages a reserve fund of 0.3-0.6% of GDP — Galstyan

Armenia's draft state budget for 2027 envisages the formation of a reserve fund of 0.3-0.6% of GDP, announced Martin Galstyan, Chairman of the Central Bank of Armenia.

Armenia’s public debt will stabilize at around 47% – Finance Minister

Armenia's public debt will stabilize at around 47% of GDP.

Central Bank of Armenia acquired $1.9 billion in market from beginning of year through September – Finance Minister

The Central Bank intervened in the market and acquired approximately $1.9 billion from the beginning of the year through September, Armenian Finance Minister Vahe Hovhannisyan stated in parliament while presenting the draft state budget for 2027.

Armenia to establish endemic seed bank to protect agriculture from climate change

The Armenian-French "Seed" program, supported by the Acba Federation, was presented at COP17.

LATEST NEWS

spot_imgspot_imgspot_img