Armenia’s 12-month inflation at 8.1% in February

YEREVAN, March 3. /ARKA/. Armenia’s 12-month consumer price index in February 2023 amounted to 8.1%, the National Statistical Committee (NSC) reported. It said compared to January 2023 prices rose in February by 0.1% 

Armenian government’s growth projection for 2023 is 7%, while inflation is set at 4% (±1.5%). Armenia’s economic activity was up 10.5% in January 2023 from January 2022. The Central Bank expects inflation to stabilize around the target 4% in the second half of 2023. -0-

spot_img

POPULAR

EDB forecasts inflation in Armenia at 4.4% by the end of 2026

Inflation in Armenia will reach 4.4% year-on-year by the end of 2026, according to the Eurasian Development Bank (EDB).

Cube Invest announces the placement of AMD bonds worth 5 billion drams

By Decision No. 1/288 A of the Chairman of the Central Bank of the Republic of Armenia dated July 1, 2026, the program prospectus for Cube Invest CJSC's registered coupon bonds was registered.

IDBank Warns of a New Extortion Scheme on Telegram

A new scam technique is becoming widespread in the Russian-language segment of Telegram, including among users in Armenia.

Become a Unibank shareholder and acquire perpetual bonds with a 13.25% yield

Unibank is successfully placing newly issued shares worth AMD 3.9 billion as part of Armenia’s first hybrid investment offering.

Euro, dollar, and ruble exchange rates against the Armenian dram fell: Central Bank

The average market exchange rate for the US dollar against the Armenian dram, determined on the Armenian foreign exchange market, fell by 0.15 points on September 7, 2026, compared to September 4, to 363.7 drams.

LATEST NEWS

spot_imgspot_imgspot_img