Thu, 1 May
8.1 C
Yerevan
USD: 389.94 RUB: 4.80 EUR: 443.01 GEL: 141.85 GBP: 520.80
spot_img

 Inflation of 2.5% registered in Armenia in February

YEREVAN, March 5. /ARKA/. In February of this year, the 12-month inflation in Armenia’s consumer market was 2.5%, according to a report by the National Statistical Committee (NSC) of Armenia.

Additionally, the NSC reported that inflation in February, compared to January, was 0.1%.

For the period of January-February 2025, compared to the same period in 2024, prices increased by 2.1%.

In Armenia’s state budget for 2025, inflation is projected at 3% (±1%). According to the Central Bank’s monetary policy report for the fourth quarter of last year, inflation in Armenia is expected to be between 3.9% and 3.2% by the end of 2025. The forecast for 2026 is 4.2%-3.8%, and for 2027, it is 4%.

The World Bank expects inflation in Armenia to be 3.5% in 2025 and 4% in 2026. The IMF predicts that prices will rise by 3.7% in 2025. According to the ADB’s forecast, inflation in Armenia will be 2.5% in 2025. The EDB anticipates inflation at 3.1% by the end of the current year.

spot_img

POPULAR

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

Ranking of Armenia’s most profitable banks in 2024

ARKA news agency has released a ranking of the most profitable commercial banks in Armenia in 2024.

Arka news agency’s ranking of most profitable Armenian banks in 2019

In 2019, Armenia-based commercial banks earned a total of 78.8 billion drams in net profit, up from 56.4 billion drams they had earned in 2018, according to ARKA news agency's ranking of the most profitable commercial banks in the fourth quarter of 2019

Top ten Armenian banks by size of lending in 2019

In 2019, the overall loan portfolio of Armenia's banking sector grew by 16.4% to 3.572.2 trillion drams

LATEST NEWS

spot_imgspot_imgspot_img