Wed, 11 February
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Yerevan
USD: 377.88 RUB: 4.89 EUR: 450.06 GEL: 140.75 GBP: 516.34

Armenia’s 12-month inflation in March 2023 was 5.4%

YEREVAN, April 5. /ARKA/. Armenia’s 12-month consumer inflation in March 2023 was up 5.4% compared to March 2022, according to the National Statistical Committee (NSC).

It said that in March 2023 prices were down 0, 7% compared to February of the same year. In January-March 2023, prices increased by 7.2% compared to the same period of 2022.

Armenian government’s growth projection for 2023 is 7%. The inflation forecast is 4% (±1.5%). According to the National Statistical Committee, Armenia’s economic activity grew by 10.9% in January-February 2023 compared to January-February 2022. -0-

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Armenia and EIB prioritize cooperation in economic development and private sector

Armenian Deputy Prime Minister Mher Grigoryan and the Head of the European Investment Bank (EIB) Unit, Matteo Rivillini, emphasized the importance of cooperation in economic development projects, particularly in the implementation of joint programs with the private sector in the country, the government press service reported.

National Assembly Committee approved a €120.5 million loan agreement with the IBRD for the tourism development program

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In January, pensioners and benefit recipients in Armenia received 33.3 billion drams in cashback

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Euro and dollar rise against Armenian dram, while ruble weakens

The average market exchange rate for the US dollar against the Armenian dram on the Armenian foreign exchange market as of February 9, 2026, rose by 0.27 points compared to February 6, reaching 377.97 drams.

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