Thu, 19 February
10.1 C
Yerevan
USD: 377.69 RUB: 4.93 EUR: 446.88 GEL: 141.06 GBP: 512.37

1.9% year-on-year inflation recorded in Armenia in February

YEREVAN, March 6. /ARKA/. Year-on-year inflation in Armenia stood at 1.9% in February 2019, the National Statistical Committee of Armenia reports. Prices for foods, spirits and tobacco products went 3.5% up in February 2019, compared with the same month a year before, and prices for nonfoods and services rose 0.6% and 0.4% respectively.

Consumer prices rose 1.3% in January and February 2019, compared with the same period a year earlier.
According to the statistical report, consumer prices rose 0.6% in February 2019, compared with January, due to the 1.7% increase in foods and soft drinks.

The Central Bank of Armenia projects the 12-month inflation in Armenia at 4% (±1.5%). –0—-

spot_img

POPULAR

Armenia’s banking system is stable, and a positive impact from TRIPP implementation is expected: UBA head

Armenia's banking system is assessed as stable based on stress tests, and banks are reasonably well capitalized. Daniel Azatyan, head of the Union of Banks of Armenia (UBA), stated this in response to a question from ARKA news agency.

USD, euro, and ruble appreciate against Armenian dram

As of February 16, 2026, the average market exchange rate for the US dollar to the Armenian dram increased by 0.73 points compared to February 13, reaching 377.67 drams.

Yerevan budget revenues executed 103.6% in January 2026 — Municipality

Yerevan's budget revenues in January 2026 amounted to 7.2 billion drams, compared to the planned 6.9 billion drams, Acting Head of the Revenue Accounting and Collection Department of the Yerevan Municipality, David Hakobyan, announced at a working meeting on Monday.

“Team Holding” CJSC’s bonds listed on Armenia Stock Exchange

One of Armenia’s diversified companies, “Team Holding” CJSC, is officially entering the capital market today by listing bonds on the Armenia Stock Exchange (AMX).

Two-thirds of Armenia’s January inflation was driven by rising food and soft drink prices – WB

Two-thirds of the inflation was driven by a 5.9% increase in food and soft drink prices, according to the World Bank's "Armenia Monthly Economic Update – February 2026."

LATEST NEWS

spot_imgspot_imgspot_img