Fri, 18 July
24.1 C
Yerevan
USD: 383.74 RUB: 4.93 EUR: 450.05 GEL: 141.25 GBP: 521.81

Inflation of 4.3% registered in Armenia in May

YEREVAN, June 4. /ARKA/. In the consumer market of Armenia, 12-month inflation in May of this year amounted to 4.3%, according to the report of the National Statistical Committee (NSC) of Armenia.

At the same time, according to the NSC, 0.3% inflation was observed in May compared to April.

At the same time, in January-May 2025, compared to the same period in 2024, prices increased by 3%.

Inflation is set at 3% (±1%) in the state budget of Armenia for 2025. According to the Central Bank’s monetary policy report for the first quarter of this year, inflation in Armenia is expected to be within 2.6-2.4% by the end of 2025, the forecast for 2026 is 3.1-2.9%, and for 2027 – 3%. The WB expects inflation in Armenia to be 3.5% in 2025 and 4% in 2026. The IMF predicts that prices in Armenia will grow by 3.3% in 2025 and by 3% in 2026. According to ADB forecasts, inflation in Armenia will be 2.5% in 2025. The EDB expects inflation in Armenia to be 3.1% by the end of the current year. -0-

spot_img

POPULAR

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

“We want the word ‘investor’ in Armenia to mean normality, not elitism” – Freedom Broker Armenia

ARKA news agency spoke with Freedom Broker Armenia Director Ovak Ovakimian about the transformation of investment thinking, company strategy and trust as an economic value.

In Armenia, bad loans worth over $1 million have been written off under the state support program – Ministry of Social Affairs

14,757 applications for writing off bad loans have been received in Armenia within the framework of the relevant state support program, which started on February 1, 2025.

Annual meeting of BSTDB Board of Governors to be held in Yerevan

The President of the Black Sea Trade and Development Bank (BSTDB) Serhat Köksal expressed his gratitude for hosting the annual meeting of the BSTDB Board of Governors in Yerevan during a meeting with Armenian Prime Minister Nikol Pashinyan on Tuesday.

Euro falls by 1.14 drams against Armenian dram, as US dollar rises slightly

The average market exchange rate of the US dollar against the Armenian dram as of July 11, 2025, increased by 0.17 points compared to July 10 and amounted to 383.91 drams.

LATEST NEWS

spot_imgspot_imgspot_img