Fri, 27 February
2.1 C
Yerevan
USD: 377.04 RUB: 4.90 EUR: 444.91 GEL: 141.00 GBP: 510.36

Twelve-month inflation in July 2021 in Armenia was 8.2%

YEREVAN, August 4. /ARKA/.  Armenia’s consumer price index in July 2021 was 8.2% up, when compared to July 2020, and 0.5% down compared to June 2021, the National Statistical Committee (NSC) said today.

According to it, the consumer price index in the first half of 2021 was 6.1% up from the same time span of 2020.

The initial government’s growth projection for 2021 was 3.2%, while the inflation is set at 4% (± 1.5%). In early July, acting Prime Minister Nikol Pashinyan said the growth forecast was revised upward to 6%. -0-

spot_img

POPULAR

S&P Global Ratings Improves Armenia’s Rating Outlook to Positive

On February 20, S&P Global Ratings revised its outlook on Armenia from stable to positive, affirming its long-term and short-term foreign and local currency sovereign credit ratings at 'BB-/B'.

Ranking of most profitable credit institutions in Armenia by the end of 2025

ARKA News Agency has published a ranking of the most profitable credit institutions in Armenia for 2025.

“Globbing” LLC’s bonds worth 1.5 billion drams and $2 million have been listed on Armenia Securities Exchange (AMX)

The Armenian Securities Exchange (AMX) today welcomed the entry of one of the leading online shopping companies, Globbing LLC (Global Shipping LLC), to the capital markets.

Armenia’s public debt net of liquid assets will remain stable at 44% of GDP in the medium term – S&P

Taking into account the narrowing budget deficits and high nominal GDP growth, the international rating agency S&P Global Ratings forecasts that Armenia's public debt net of liquid assets will remain broadly stable at a moderate 44% of GDP in the medium term.

Acba Bank Group Develops a Transparent Management System

Acba Bank Group continues large-scale reforms of its corporate governance culture to improve management efficiency, transparency, and accountability.

LATEST NEWS

spot_imgspot_imgspot_img