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The 12-month inflation in late September was 3.3 percent

07.10.2015 17:49

The 12-month inflation in late September was 3.3 percent

YEREVAN, October 7. / ARKA /. Consumer prices in 2015 September were 3.3 percent higher from 2014 September, according to the latest numbers, released today by the National Statistical Service of Armenia (NSS).

It said food products (including alcoholic beverages and tobacco products) rose by 2.3% year-on-year; prices of non-foods grew by 6.1% and services by 1.6%.

The 9-month inflation was 4.7%, including a 4.6% rise of food prices, a 5.9% rise of non-foods and a 3.2% rise of services.

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Armenia’s monetary base down 0.8 percent in august to 876.6 billion drams

02.10.2015 14:37

Armenia’s monetary base down 0.8 percent in august to 876.6 billion drams

The monetary base in Armenia in 2015 August fell 0.8% from July to about 876.6 billion drams, the National Statistical Service (NSS) said

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Private remittances to Armenia slash by 7 percent in seven months

03.09.2015 21:10

Private remittances to Armenia slash by 7 percent in seven months

Private remittances sent to Armenia mostly by labor migrants in the first seven months of 2015 for non-commercial purposes were 30.3% down from the year earlier totaling about $674.3 million, according to the Central Bank’s monthly bulletin for July 2015

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Russia’s GDP drop may amount to 4 percent, economist says

18.08.2015 19:27

Russia’s GDP drop may amount to 4 percent, economist says

A Kremlin’s economic advisor Andrei Belousov said Russia’s gross domestic product (GDP) could drop by 4% this year, far more than expected by the government

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Eurasian fund for stabilization and development expects armenian economic growth to slow down to 0.8 percent

28.07.2015 17:46

Eurasian fund for stabilization and development expects armenian economic growth to slow down to 0.8 percent

Armenia’s economic growth in 2015 may slow down to 0.8%, according to Artak Azizyan, head of a department at the Eurasian Fund for Stabilization and Development, managed by the Eurasian Development Bank

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Agriculture and industry contributes to Armenia’s economic activity hike to 2.7 percent

06.07.2015 13:46

Agriculture and industry contributes to Armenia’s economic activity hike to 2.7 percent

YEREVAN, July 6. /ARKA/. Armenia’s economic activity hiked to 2.7% in January-May this year, due to growth in agriculture and industry, the press office of the Central Bank of Armenia reported. The board of the central bank says the macroeconomic stability obtained in the beginning of the year helps promote economic activity recovery, according to […]

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Armenian banks’ overdue loans grow by 8,3 percent in April

02.06.2015 20:22

Armenian banks’ overdue loans grow by 8,3 percent in April

Overdue loans of Armenian commercial banks increased by 14.2% in April from the previous month to 40.2 billion drams, as their credit investments grew by 0.9%, according to the National Statistical Service

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Regulator: 12-month inflation to fluctuate between 2.5 and 5.5 percent in 2015

26.05.2015 20:35

Regulator: 12-month inflation to fluctuate between 2.5 and 5.5 percent in 2015

The 12-month inflation will fluctuate between 2.5 and 5.5 percent and will come close to the projected indicator by the end of this year, the Central Bank of Armenia says in its inflation report based on its monetary policy for the second quarter of this year and the first quarter’s results

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Armenian Central Bank keeps key rate unchanged at 10.5 percent

12.05.2015 18:43

Armenian Central Bank keeps key rate unchanged at 10.5 percent

The Central Bank of Armenia said on Tuesday it has decided to keep the refinancing rate at 10.5%

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Anelik bank’s loan portfolio grows by 41 percent to 62 billion drams

30.04.2015 20:56

Anelik bank’s loan portfolio grows by 41 percent to 62 billion drams

Yerevan-based Anelik Bank said today its loan portfolio surged by 41.2% to 62 billion drams for the first three months of this year from the year before. The bank’s overall deposit portfolio surged by 24%, while individual deposits saw a more than 30% rise

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