12-month inflation recorded at 0.9 in Armenia in April 2020

YEREVAN, May 6. /ARKA/. A 0.9-percent 12-month inflation was recorded at the consumer market of Armenia in April 2020, compared to April 2019, according to the report of the National Statistical Committee of Armenia.

According to the statistical report, in April, compared with March, inflation in the country was also recorded at 0.9%.

In January-April 2020 compared with the same period a year earlier, prices increased by 0.1%.

In the government budget of Armenia for 2020, economic growth was projected at 4.9%, and inflation at 4% (± 1.5%). However, the economic growth forecast was revised on April 29, 2020, and now a 2% economic decline is projected in the government budget. -0-

spot_img

POPULAR

Armbanks Weekly Digest: Key Events in the Armenian Financial Market (August 17–23)

Key developments in Armenia's financial market this week included new banking compliance requirements, measures against account fraud, and decisions related to capital market development.

S&P: Armenia’s banking sector is well capitalized and highly profitable

Armenia's banking sector remains well capitalized and highly profitable, supported by high net interest income and robust economic growth, according to a report from international rating agency S&P Global Ratings.

A unique greenhouse complex opened in Armenia

A unique greenhouse complex for tomato cultivation, equipped with artificial intelligence, robotics, and the latest technologies, has officially opened in the village of Nor Yedesia in the Aragatsotn region, according to the press service of Acba Bank.

Armenia’s international reserves reached a record $6.19 billion in July 2026

Armenia's gross international reserves at the end of July 2026 amounted to $6,188.6 million, compared to $5,896.2 million at the end of June, according to a Central Bank report.

Armenian banks’ investments in securities in the second quarter amounted to 1.92 trillion drams

The total volume of investments by Armenian commercial banks in securities as of the end of June 2026 amounted to 1,922,826,829 thousand drams.

LATEST NEWS

spot_imgspot_imgspot_img