4.5% Inflation Recorded in Armenia in July

Economy

YEREVAN, August 5. /ARKA/. Twelve-month inflation in the Armenian consumer market in July of this year was 4.5%, according to a report from the Statistical Committee.

Furthermore, deflation of 1.4% was observed in July compared to June of the same year.

At the same time, prices increased by 4.5% in January-July 2026 compared to the same period in 2025.

Armenia’s 2026 state budget projects inflation at 3% (±1%). According to the Central Bank’s monetary policy report for the second quarter of this year, inflation in Armenia is expected to be 4.4-3.3% by the end of 2026, depending on scenario (A-B), the forecast for 2027 is 3.5-3.1%, and for 2028 – 3.2-3.1%.

spot_img

POPULAR

Banks

Armenian banks’ investments in securities in the second quarter amounted to 1.92 trillion drams

The total volume of investments by Armenian commercial banks in securities as of the end of June 2026 amounted to 1,922,826,829 thousand drams.
Banks

Armenian banks will provide citizens with account statements free of charge

Individuals in Armenia will be able to receive free electronic statements from commercial banks about their bank accounts, their balances, and the presence or absence of mutual obligations with the bank.
Banks

The investment portfolio of Armenian banks in the second quarter amounted to 1.93 trillion drams, a decline of 9.5% year-to-date

The total investment portfolio of commercial banks in Armenia at the end of June 2026 amounted to 1,933,341,220 thousand drams, a decrease of 202.38 billion drams, or 9.48%, year-to-date.
Economy

Record growth of Armenia’s reserves to $6.9 billion in June provided a buffer amid heightened geopolitical risks – S&P

Armenia's international reserves increased by approximately 40% year-on-year to a record $6.9 billion in June 2026, helping to strengthen the country's external reserves despite heightened geopolitical risks, according to a report by international rating agency S&P Global Ratings.
Economy

S&P affirms Armenia’s ratings, maintaining a positive outlook

The international rating agency S&P Global Ratings affirmed the long- and short-term sovereign ratings of the Republic of Armenia at 'BB-/B', maintaining a positive outlook, the Ministry of Finance reported.

LATEST NEWS

spot_imgspot_imgspot_img
Previous article
Head of the Union of Banks of Armenia expects the situation with the acceptance of cash rubles by Armenian banks to be resolved
Head of the Union of Banks of Armenia expects the situation with the acceptance of cash rubles by Armenian banks to be resolved
Next article
Average exchange rate of the Armenian dram to the US dollar in July was 366.8 drams, compared to 384.1 drams a year earlier
Average exchange rate of the Armenian dram to the US dollar in July was 366.8 drams, compared to 384.1 drams a year earlier