Tue, 29 July
37.1 C
Yerevan
USD: 383.94 RUB: 4.85 EUR: 450.25 GEL: 141.78 GBP: 516.63

Armenia’s 12-month inflation in April amounts to 6.2%

YEREVAN, May 7. /ARKA/. The 12-month inflation in Armenia’s consumer market in April 2021 amounted to 6.2%, according to the National Statistical Committee (NSC).

At the same time, according to the NSC, in April 2021 compared to March 2021  inflation was recorded at 1.3%. In  January-April 2021, compared to the same period in 2020, prices increased by 5.4%.

The government’s economic growth projection for 2021 is 3.2%, while inflation is set at 4% (± 1.5%). The Central Bank’s GDP growth forecast is 1.4%. -0-

spot_img

POPULAR

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

Fitch expects inflation in Armenia to remain within the target level until 2027

International rating agency Fitch expects inflation in Armenia to remain within the target level until 2027, although soft fiscal policy and the projected moderate weakening of the dram create certain risks.

Armenia’s economy to stabilize on 5.5% growth trajectory in 2025 – EDB forecast

According to EDB forecasts, Armenia's economy will stabilize on a 5.5% growth trajectory with domestic demand remaining the main driver of development.

Fitch forecasts Armenia to tighten fiscal policy after 2027

Fitch Ratings analysts forecast a tightening of fiscal policy by the republic's authorities in a new report on Armenia.

Ranking of most profitable banks in Armenia based on results of first quarter of 2025

ARKA news agency publishes the ranking of the most profitable commercial banks in Armenia based on the results of the first quarter of 2025.

LATEST NEWS

spot_imgspot_imgspot_img