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

Business, Banks, and Investment: Biodiversity Financing to be Discussed at COP17 in Yerevan

A "Business and Biodiversity Forum" will be held in Yerevan as part of COP17, focusing on the private sector's role in achieving international biodiversity conservation goals.

VTB (Armenia) supports the Newmag BOOK DONATION initiative in the city of Hrazdan

VTB (Armenia) continues to support the socially significant "BOOK DONATION" project by the Newmag publishing house, which aims to replenish library collections in Armenia’s regions with contemporary literature.

A Birthday in Italy with Unibank

Unibank cardholder Haykush Markosyan will celebrate her 35th birthday in Italy after winning the “More Opportunities with Mastercard World Travel” promotion.

Euro and ruble exchange rates against the Armenian dram have risen, while the dollar has fallen —Central Bank of Armenia

The average market exchange rate of the US dollar against the Armenian dram, as established in Armenia’s foreign exchange market on October 21, 2026, decreased by 0.05 points compared to October 20, reaching 361.4 drams.

Two banks in Armenia accounted for half of the growth in the banking sector’s assets and loan portfolios in the third quarter

Ardshinbank and Ameriabank accounted for 50.30% of the net growth in assets and 51.58% of the net growth in loan portfolios among Armenian banks during the third quarter of 2026, according to an operational bulletin from the ARKA news agency.

LATEST NEWS

spot_imgspot_imgspot_img