The 12-month inflation in Armenia in late January 2022 amounts to 7.1 percent

YEREVAN, Feb. 7. /ARKA/. The 12-month inflation in Armenia’s consumer market in late January 2022 amounted to 7.1%, the National Statistical Committee (NSC) said today. It said also that the prices in late January 2022 were 1.6% up from late December 2021.

Armenian government’s growth projection for 2022 is 7%, while inflation is set at 4% (±1.5%). The Central Bank expects Armenia’s economy to grow by 5.3% in 2022. -0-

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Armenian banks’ loan portfolio in Q1 amounted to AMD 8.01 trillion, an increase of over 22%

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