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

Net inflow of remittances to Armenia from abroad increased by approximately 2.1 times in 5 months

The net inflow of cross-border transfers to individuals in Armenia, received from abroad through the Armenian banking system, amounted to $1.08 billion in January-May 2026, compared to $511.7 million in January-May 2025, according to a report from the Central Bank of the Republic.

Renshin and GTB are uniting around the Cascade project

The memorandum of strategic cooperation signed between Renshin and GTB Development sets a new benchmark in Armenia's urban development and investment landscape.

Artur Nakhshikyan has joined the Supervisory Board of Unibank

Artur Nakhshikyan, Director of Operational Risk Management at the Black Sea Trade and Development Bank, has been elected as an independent member of Unibank’s Supervisory Board.

Euro, dollar, and ruble exchange rates against the Armenian dram continue to decline: 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 June 30, 2026, fell by 0.17 points compared to June 29, to 367.89 drams.

Reverse mortgages for pensioners and new property rights for spouses will be introduced in Armenia

At an extraordinary session on Friday, the National Assembly of Armenia adopted, in the second and final reading, amendments to the Civil Code of the Republic of Armenia, introducing the concept of reverse mortgages and a new type of property rights for spouses.

LATEST NEWS

spot_imgspot_imgspot_img