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 calls on Visa to reduce fees for cashless payments through POS terminals

RA Deputy Prime Minister Mher Grigoryan called on the international payment system Visa to discuss the possibility of reducing fees charged for cashless payments through POS terminals in Armenia.

Armbanks Weekly Digest: Key Events in Armenia’s Financial Market (August 31 – September 6)

Armenia's financial agenda this week focused on capital market development, macroeconomic indicators, and attracting international financing for government programs.

Become a Unibank shareholder and acquire perpetual bonds with a 13.25% yield

Unibank is successfully placing newly issued shares worth AMD 3.9 billion as part of Armenia’s first hybrid investment offering.

IMF noted the low level of insurance coverage for natural disaster risks in Armenia

Insurance penetration in Armenia remains low, particularly in agriculture and property insurance, according to the International Monetary Fund's report "Armenia: Climate Policy Diagnostic - July 2026," published on September 3, 2026.

Armenia’s capital market still lags behind the economy’s real potential: Cube Invest’s CEO

The depth of Armenia's capital market still lags behind the country's real economic potential, said Mikael Margaryan, CEO of the investment company Cube Invest.

LATEST NEWS

spot_imgspot_imgspot_img