The 12-month inflation in Armenia in January 2021 was 4.5 percent

YEREVAN, February 3. /ARKA/. Armenian consumer market prices in January 2021 grew by 4.5% as opposed to January 2020 (12-month inflation rate), according to the latest numbers, released today by the National Statistical Committee (NSC). The NSC said consumer prices in January 2021 grew by 2.2% from December last year.

The Armenian government’s GDP growth projection for 2021 is 3.2%. The inflation rate is set at 4% (± 1.5%). The Central Bank’s growth forecast for 2021 is 2%. -0-

spot_img

POPULAR

Central Bank of Armenia is concerned about the outpacing growth of lending and urges banks to exercise caution

The Central Bank of Armenia considers it important for commercial banks to exercise caution when providing new loans amid the outpacing growth of lending compared to revenues, stated Central Bank Chairman Martin Galstyan.

AMX’s key goal is integration into international capital markets – CEO

One of the key goals of the Armenia Securities Exchange (AMX) is the integration of the Armenian capital market into international markets, stated AMX CEO Hayk Yeganyan.

VTB (Armenia) Offers Package Offer for Sole Proprietors

VTB (Armenia) has launched a package offer for sole proprietors, including a current account, a business card, and a remote banking system.

Armenia’s banking system is capitalized significantly above regulatory requirement: Central Bank Governor

Armenia's banking system is adequately capitalized and has sufficient liquidity buffers, stated Central Bank Governor Martin Galstyan.

Euro and dollar exchange rates against the Armenian dram rose, while the ruble weakened slightly: Central Bank of Armenia

The average market exchange rate for the US dollar against the Armenian dram, formed on the Armenian foreign exchange market as of May 29, 2026, increased by 0.13 points compared to May 27, reaching 368.18 drams.

LATEST NEWS

spot_imgspot_imgspot_img