Thu, 19 February
8.1 C
Yerevan
USD: 376.94 RUB: 4.92 EUR: 444.34 GEL: 140.85 GBP: 508.34

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

Armenia to Receive €6 Million Grant from EBRD for Construction of Customs and Logistics Center

At a meeting on Thursday, the Armenian government approved the ratification of a €6 million grant agreement with the European Bank for Reconstruction and Development (EBRD) for the Yerevan Customs and Logistics Center project.

EDB assesses factors driving Armenia’s GDP growth in 2026 – macro review

According to EDB forecasts, Armenia's GDP will grow by 5.3% in 2026.

Since 2018, Armenian citizens have received 300 billion drams in income tax refunds for mortgage repayments – Ministry of Social Affairs

From 2018 to 2026, approximately 300 billion drams have been transferred to Armenian citizens under the income tax refund program for mortgage interest repayments, announced Minister of Labor and Social Affairs Arsen Torosyan.

Armenia’s gross reserves up by about USD 100 million, reaching USD5.2 billion in January

In January, the AMD appreciated by 0.4 percent (mom) against the USD and EUR, according to World Bank's «Armenia Monthly Economic Update – February 2026».

Head of the Union of Banks of Armenia named the riskiest lending sectors

Daniel Azatyan, the head of the Union of Banks of Armenia, identified mortgage and consumer lending as areas that require attention in the context of the risk of credit market overheating.

LATEST NEWS

spot_imgspot_imgspot_img