Armenia’s 12-month inflation in late February 2022 was 6.5%

YEREVAN, March 3. /ARKA/. The 12-month inflation in Armenia in February 2022 was 6.5%, according to the National Statistical Committee (NSC).

It said consumer prices in February 2022 were up 0.1% when compared to January of the same year.

Consumer prices in January-February 2022, compared to the same period in 2021, were up 6.8%.

The Armenian government’s projection of GDP growth in 2022 is 7%, and inflation is set at 4% (± 1.5%). The Central Bank expects the growth in 2022 to be 5.3%. -0-

spot_img

POPULAR

Board of the Central Bank of Armenia raised the monetary policy rate for the second time in a row, to 7%

At its meeting on Tuesday, the Board of the Central Bank of Armenia decided to raise the monetary policy rate by 0.25 percentage points, from 6.75% to 7%.

Pashinyan: Armenian citizens received 95 billion drams in income tax refunds in 2025, and 78.6 billion drams in 2026

In 2025, Armenian citizens received 95 billion drams (approximately $263 million) in income tax refunds on mortgage loans, and 78.6 billion drams since the beginning of 2026.

Russian restrictions on the export of cash rubles will not significantly impact labor migrants and relocators —  Armenian Central Bank Governor

Restrictions on the export of cash rubles from Russia are not expected to have a significant impact on labor migrants from Armenia and relocators, according to Martin Galstyan, Chairman of the Central Bank of Armenia.

Central Bank of Armenia continued its rate hike amid prevailing inflation risks – Galstyan

The Board of the Central Bank of Armenia has decided to continue its policy of raising interest rates, taking into account the likelihood of scenarios involving increased inflation risks, stated Central Bank Chairman Martin Galstyan.

Central Bank of Armenia warned of a new fraudulent scheme involving forged powers of attorney and certificates

The Central Bank of Armenia is warning citizens about the increasing incidence of fraud using forged documents allegedly issued by the regulator.

LATEST NEWS

spot_imgspot_imgspot_img