Capital inflows to CIS declined by 1.6 percent in 2013- World Bank report

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15.01.2014 18:09

YEREVAN, January 15. / ARKA /. Economic activity strengthened in the Europe and Central Asia region in 2013 supported by strengthening external demand, according to the World Bank Global economic Prospects report . It says the return to growth in the Euro Area in the second quarter of 2013 supported real side activity in the region, particularly in the Central and Eastern European countries, due to strong trade linkages. In Turkey, buoyant domestic demand underpinned acceleration in growth to 4.3 percent in 2013 from 2.2 percent in 2012.

According to the report, performance among the Commonwealth of Independent States (CIS) has been mixed. Among energy- exporting countries (Azerbaijan, Kazakhstan, and Uzbekistan), activity has remained strong, reflecting relative strength in energy-related commodity prices, expansion of production in extractive sectors, and robust growth in domestic demand.

In contrast, among non-energy exporters, weaknesses in key commodity prices cut into incomes and activity, with Belarus, Kyrgyz Republic and Ukraine experiencing the most negative terms of trade impacts.

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Tags: Armenia, CIS, World Bank

CIS statistical committee: 3.5% inflation in Armenia in Oct 2013, compared with Dec 2012

05.12.2013 20:14

Inflation in Armenia was recorded at 3.5% in October 2013, compared with December 2012, the Statistical Committee of the Commonwealth of Independent States reports

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Armenia posted 3.2% inflation in January-September against average 3.5% across CIS

06.11.2013 15:20

Inflation was 3.2% in Armenia in January-September from a year earlier, as compared to an average of 3.5% in the CIS in the period, the CIS Statistical Committee reported

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Tags: Armenia, AVERAGE, CIS

No Armenian bank included in one hundred largest CIS banks

10.07.2013 18:39

None of 21 Armenia-based banks was included in the list of one hundred largest banks in the CIS, prepared by RIA Ranking.

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Armenia posted 2.8% inflation in January-April 2013 against average 2% across CIS

18.06.2013 15:23

The inflation in Armenia rose by 2.8% in January-April 2013 from a year earlier, whereas the inflation in the CIS climbed by an average 2% within the reported period, the Interstate Statistical Committee of the CIS reported Tuesday

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Individual remittances from Russia to former Soviet republics in nine months last year grew by 12 percent to $13.611 billion

22.01.2013 18:21

Individual remittances from Russia to former Soviet republics in the first nine months of last year reached $13.611 billion, up 12% from a year earlier

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Tags: CIS, Russia, transfers

0.3% deflation recorded in Armenia in 10 months against 4.5% inflation in CIS on whole

06.12.2012 13:49

0.3% deflation was recorded in Armenia in January-October 2012, as compared with the same period of the year, against 4.5% inflation in the CIS on the whole

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Armenia ranked fifth among CIS countries for Russian direct investments

17.10.2012 19:59

Armenia ranked fifth among CIS countries for the amount of Russian direct investments

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Tags: Armenia, CIS, INVESTMENTS

IMF says Eurozone crisis to impact CIS growth

10.10.2012 20:56