Thu, 5 March
-1.9 C
Yerevan
USD: 377.86 RUB: 4.85 EUR: 439.56 GEL: 138.73 GBP: 505.50

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

Money scam: Central Bank warns of cases of fraud purporting to be carried out in its name

The Central Bank of Armenia has warned of cases of fraud in which criminals pose as regulator employees and urge citizens to transfer funds to other accounts.

Banks in Armenia will refund overcharged fees for cashless POS transactions to businesses

Technical issues and inaccuracies are possible during the initial implementation of the Central Bank of Armenia's Board decision regarding fees for cashless card transactions, the Union of Banks of Armenia (UBA) stated.

Armbanks Weekly Digest. Key events of the financial market of Armenia (February 23 – March 1)

Last week on the financial market of Armenia was quite active and included the publication of the international risk assessment of financial stability, the disclosure of annual indicators of credit organizations and the development of the debt segment on AMX.

Data of approximately 10,000 pensioners will be automatically distributed among four Armenian banks – Minister

The data of approximately 10,000 pensioners in Armenia will be automatically distributed among four banks starting tomorrow, taking into account geographic accessibility, announced Minister of Labor and Social Affairs Arsen Torosyan.

Euro to Armenian dram exchange rate jumped by 2.59 points: Central Bank

The average market exchange rate for the US dollar to the Armenian dram, determined on the Armenian foreign exchange market as of March 3, 2026, increased by 0.87 points compared to March 3, reaching 377.86 drams.

LATEST NEWS

spot_imgspot_imgspot_img