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

S&P affirms Armenia’s ratings, maintaining a positive outlook

The international rating agency S&P Global Ratings affirmed the long- and short-term sovereign ratings of the Republic of Armenia at 'BB-/B', maintaining a positive outlook, the Ministry of Finance reported.

Armenia’s public debt will remain stable at just above 40% in the medium term – S&P

Armenia's public debt (excluding liquid assets) will remain broadly stable at just above 40% of GDP in the medium term, according to a report from the international rating agency S&P Global Ratings.

Central Bank of Armenia has identified the reasons for the acceleration of inflation to 5.1% in June

External price pressure, rising local food prices, and a slight expansion of domestic demand contributed to the acceleration of annual inflation in Armenia from 3.9% in June 2025 to 5.1% in June 2026.

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.

Armenian dram strengthened against the dollar and the ruble, but weakened against the euro: Central Bank

The average market exchange rate for the US dollar to the Armenian dram, formed on the Armenian foreign exchange market as of August 28, 2026, fell by 0.15 points to 364.32 drams compared to August 27.

LATEST NEWS

spot_imgspot_imgspot_img