Economy

1.9% year-on-year inflation reported in Armenia in April

02.05.2012

1.9% year-on-year inflation reported in Armenia in April

YEREVAN, May 2. /ARKA/. The National Statistical Service of Armenia reports inflation at 1.9% in April from the same month a year earlier due to rise in prices for food goods ( including alcohol beverages and tobacco goods) by 1.5% and for non-food goods- by 4.3%.

According to the source, the prices for tariffs in services’ sphere advanced by 1.5% in April of this year from that of the  last year.
Consumer price index within January-April of 2012 recoded 103% from the same period a year earlier. In the food goods ( including alcohol beverages and tobacco goods) the index reached 103.2%, in non-food goods- 103.8%, and in services’ sector’s  tariffs – 102.1%.

At the same time consumer price index dropped by 0.6 % in April from March. Along with this the prices for food goods ( including alcohol beverages and tobacco goods) also fell by 1.3%, and for non-food goods and services ‘sector’s  tariffs jumped by 0.9% and 0.1% respectively.

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Metals market: U.S. economic data provokes tumble in precious metals’ prices

02.05.2012

Metals market: U.S. economic data provokes tumble in precious metals’ prices

On Tuesday, May 1, during the Asian trading session precious assets’ quotes were tumbling due to small number of trades caused by the closed markets on holidays.

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Economic activity in Armenia climbs 6.6 % this March from a year earlier

02.05.2012

Economic activity in Armenia climbs 6.6 % this March from a year earlier

Economic activity in Armenia jumped 6.6% in March of this year

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Armenia’s total public debt is over $4.1 billion

28.04.2012

Armenia’s total public debt is over $4.1 billion

At the end of 2012 March Armenia’s total public debt stood at $4.196 billion, deputy finance minister, Atom Janjughazyan, who is also the country’s chief treasurer, told reporters today

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ARKA Agency director Konstantin Petrosov receives gold medal of Armenia’s Industrialists and Entrepreneurs Union for active contribution to business media formation

28.04.2012

ARKA Agency director Konstantin Petrosov receives gold medal of Armenia’s Industrialists and Entrepreneurs Union for active contribution to business media formation

Union of Industrialists and Entrepreneurs of Armenia awarded the Union’s gold medal to ARKA News Agency Director Konstantin Petrosov for his active role in

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ARKA News Agency -16 years old

28.04.2012

ARKA News Agency -16  years old

ARKA News Agency will turn 16 years old on May 1, thus marking another year in its dynamic activity!

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EBRD and SEAF call a news conference April 27

26.04.2012

EBRD and SEAF call a news conference April 27

EBRD and SEAF call a news conference April 27.

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Metal market: U.S. Federal Reserve to set quotes for precious metals

23.04.2012

Metal market: U.S. Federal Reserve to set quotes for precious metals

Quotes for precious metals were under the pressure last week. Prices for gold lowered due to U.S. dollar’s strengthening and growing concerns on the situations at European credit markets.

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Armenian inflation in March advances 2.2 percent

20.04.2012

Armenian inflation in March advances 2.2 percent

Armenia’s inflation in March advanced 2.2% if compared to the same period in 2011.

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Armenia’s monetary base increases by 0.3 percent to 581.8 billion drams

17.04.2012

Armenia’s monetary base increases by 0.3 percent to 581.8  billion drams

The monetary base in Armenia increased by 1.8 billion drams

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