Inflation in Armenia will not approach 4% in the first quarter – head of Central Bank

YEREVAN, March 12. /ARKA/. Inflation in Armenia will be far from the projected target in the first quarter of 2024, Central Bank Chairman Martin Galstyan said.

“Calculations show that we are still far from getting close to the 4% target,” he said at a press conference on Tuesday.

The government’s inflation forecast for 2024 is 4% (±1.5%). According to the National Statistics Committee, the consumer price index fell by 1.7% year-on-year in February this year and by 0.7% against January 2024. -0-

spot_img

POPULAR

Unibank and Picsart Academy Host Kids Day for Children

Unibank and Picsart Academy organized a special Kids Day, combining education and entertainment in an environment where technology meets creativity and imagination.

Unibank Issues AMD and USD Bonds with Annual Coupon Rates of 10.3% and 6%

Unibank has issued bonds denominated in AMD and USD, with annual coupon rates of 10.3% and 6%, respectively.

Central Bank of Armenia has issued a warning regarding illegal activities of credit organization My Fin UCO

The Central Bank of Armenia has issued a warning to the public regarding a company operating on Facebook under the name "My Fin UCO," which offers lending services without the appropriate regulatory license.

IMF mission discusses macroeconomic issues and reforms with Armenian authorities

Armenian Deputy Prime Minister Tigran Khachatryan met with a delegation from the International Monetary Fund (IMF) mission, led by the IMF mission chief for Armenia, Nathan Porter, the Armenian government's press service reported.

Unibank Joins the Armenian Solar Energy Association

Unibank has joined the Armenian Solar Energy Association (ASEA), which brings together companies in the renewable energy sector.

LATEST NEWS

spot_imgspot_imgspot_img