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

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.

Acba Bank to Support Armenian Exports

To support the development of local producers, promote Armenian exports to various countries worldwide, and enhance the competitiveness of Armenian businesses, Acba Bank is offering the best export factoring terms currently available in Armenia until September 30.

Ranking of the Most Profitable Armenian Banks for the First Quarter of 2026

ARKA News Agency has published a ranking of the most profitable Armenian banks for the first half of 2026.

Dollar and euro exchange rates against the Armenian dram rose, while the ruble weakened slightly: Central Bank

The average market exchange rate for the US dollar against the Armenian dram, determined on the Armenian foreign exchange market as of July 21, 2026, increased by 0.75 points compared to July 20, reaching 366.68 drams.

Armenian banks increased net profit to 219.7 billion drams in the first half of the year

The combined net profit (after tax) of Armenian banks in the first half of 2026 amounted to 219.72 billion drams, compared to 200.7 billion drams in the same period of 2025, an increase of 9.48%.

LATEST NEWS

spot_imgspot_imgspot_img