Tue, 12 August
33.1 C
Yerevan
USD: 384.03 RUB: 4.80 EUR: 443.29 GEL: 142.29 GBP: 510.11

CB: Armenia’s inflation in 2022 may reach 9-9.5

YEREVAN, December 14. /ARKA/. Armenia’s inflation in 2022 may reach 9-9.5%, chairman of the Central Bank Martin Galstyan said today.

“According to our forecasts, there will be some acceleration of inflation in December, but somewhat less than we previously predicted,” he said at a press conference.

According to the National Statistical Committee, the 12-month consumer inflation in November 2022 compared to November 2021 was 8.8 percent.

Armenia’s economic growth in the 2022 state budget is projected at 7%, while inflation is projected at 4% (±1.5%).

In September, the Central Bank predicted that the 2022 inflation will be around 10%. -0-

spot_img

POPULAR

Armenia registered an inflation rate of 3.4% in July.

According to the National Statistical Committee (NSC) of Armenia, 12-month inflation in the consumer market amounted to 3.4% in July of this year.

Market capitalization in July increased by 45.3% year-on-year, exceeding 463 billion drams – Armenia Stock Exchange

Armenia Stock Exchange (AMX) has summarized the trading activity for July 2025. The month showed a dynamic trading environment, highlighting growing investor confidence and market activity. 

Armenian Central Bank  developing mechanisms for insurance and combating financial fraud

Armenia's Central Bank is developing a set of tools to combat financial and cyber fraud, the deputy chairman of the Central Bank Armen Nurbekyan said at a press conference on Tuesday.

Net inflow of money transfers to Armenia from abroad decreased by 1.3% in half-year

The net inflow of cross-border transfers in favor of individuals in Armenia, received from abroad through the banking system of the Republic of Armenia, in January-June 2025 amounted to $587.6 million against $595.4 million in January-June 2024, according to the report of the Central Bank of the Republic.

Deputy Prime Minister discusses cooperation prospects with new head of WB Armenia office

Armenian Deputy Prime Minister Tigran Khachatryan received World Bank Regional Director for the South Caucasus Rolande Pryce and newly appointed head of the WB Armenia office Fabrizio Zarcone, the government press service reported.

LATEST NEWS

spot_imgspot_imgspot_img