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Twelve-month inflation in 2017 to be 1.3 percent

20.11.2017 17:17

Twelve-month inflation in 2017 to be 1.3 percent

YEREVAN, November 20. /ARKA/. The 12-month inflation in Armenia by the end of 2017 will be 1.3%, according to the quarterly macroeconomic review, prepared by the Eurasian Development Bank (EDB). According to the review, by the end of 2017, temporary factors that used to put downward pressure on consumer prices in the summer months are expected to stop.

"Strong consumer demand, an increase in real wages, as well as further stabilization of inflation expectations of economic agents will allow inflation to increase slightly to 1.3% at the end of 2017, with subsequent consolidation at the target level in 2018-2020," the EDB notes.

It says after the acceleration of the annual inflation in the second quarter of 2017, consumer prices growth rate in July-August 2017 slowed. In August the inflation was 0.9% as opposed to August 2016. In June 2017 it was 1.1% against June 2016. The main factor of this dynamics in the summer months was a slowdown in the growth of prices for agricultural products.

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Armenia’s 9-month inflation up 0.6%

05.10.2017 15:14

Armenia’s  9-month inflation up 0.6%

In the first 9 months of this year inflation in Armenia grew by 0.6% year-on-year, the National Statistical Service (NSS) said today

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Inflation expected to continue growing in Armenia in 2nd H 2017 - Eurasian Development Bank

11.08.2017 16:31

Inflation expected to continue growing in Armenia in 2nd H 2017 - Eurasian Development Bank

Inflation rate is expected to continue rising in Armenia in the second half of 2017 in absence of inside and outside shocks, economists at the Eurasian Development Bank say in their quarterly macroeconomic report

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Armenia’s first half inflation was 0.5 percent

07.07.2017 18:55

Armenia’s first half inflation was 0.5 percent

Armenia’s inflation in the first six months of 2017 rose by 0.5% year-on-year, the National Statistical Service (NSS) said today

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April inflation in Armenia was at 1.2 percent

06.05.2017 17:01

April inflation in Armenia  was at 1.2 percent

The inflation in April 2017 was 1.2%, the National Statistical Service (NSS) said. It said prices for food products (including alcoholic beverages and tobacco products) increased by 5.6%, while prices for non-food products and services decreased by 2.9% and 2.3%, respectively

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Armenia in need of moderate inflation around 4%

14.04.2017 13:57

Armenia in need of moderate inflation around 4%

Armenia needs a moderate inflation rate, around the 4% projected in the 2017 government budget, Vardan Aramyan, finance minister, told journalists on Thursday

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No significant risks for ensuring projected inflation rate – Armenian regulator

28.09.2016 16:37

No significant risks for ensuring projected inflation rate – Armenian regulator

No significant risks for ensuring the projected inflation rate in Armenia are seen in the medium term, despite deflationary risks in a short-term period, the board of the Central Bank of Armenia said at its session on Tuesday

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3.7% inflation in Armenia in 2015

25.01.2016 17:25

3.7% inflation in Armenia in 2015

Consumer prices in Armenia showed a 3.7% year-on-year growth in Jan-Dec 2015, the National Statistical Service of Armenia reports

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1.2% year-on-year inflation in Armenia in November

09.12.2015 20:39

1.2% year-on-year inflation in Armenia in November

Consumer prices in Armenia rose 1.2% in November 2015, compared with the same month a year earlier, the National Statistical Service of Armenia reports

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Armenian banks lower their 12-month inflation forecast for 2015

23.11.2015 16:20

Armenian banks lower their 12-month inflation forecast for 2015

A survey conducted among Armenia-based banks revealed that they expect this year’s 12-month average inflation to be 4.3%, down from their previous average forecast of 4.7%, the Central Bank of Armenia said today in a report on its monetary policy for the third quarter of 2015

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