Sun, 26 October
18.1 C
Yerevan
USD: 383.05 RUB: 4.73 EUR: 444.80 GEL: 141.19 GBP: 510.03

Armenia’s 12–month inflation in April was 8.4%

YEREVAN, May 4. /ARKA/. Armenian consumer prices in April 2022 were 8.4% up when compared to the same month of 2021, the National Statistical Committee (NSC) said today.

According to the NSC, the prices in April 2022 were up 2.3% compared to March of the same year.

The prices in January-April 2022 increased by 7.4% against the same period of 2021.

Armenia’s government’s economic growth projection for 2022 is 7%, while inflation is set at 4% (±1.5%). The Central Bank in March downgraded its growth forecast to 1.6% from its earlier forecast of 5.3%. -0-

spot_img

POPULAR

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

Ranking of the most profitable banks in Armenia based on results of second quarter of 2025

ARKA news agency publishes the ranking of the most profitable commercial banks in Armenia based on the results of the second quarter of 2025.

The UAE instead of Europe : why Armenia needs to change its approach to crypto regulation – EXCLUSIVE

The Armenian Forum on Cryptocurrency Assets, organized by the Cilicia Business Club, was recently conducted in Yerevan.

Moody’s upgrades Converse Bank’s ratings

Moody's Ratings has upgraded Converse Bank CJSC's long-term local and foreign currency bank deposit ratings to Ba3 from B1, aligning the Bank’s rating with Armenia’s sovereign rating.

LATEST NEWS

spot_imgspot_imgspot_img