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In Armenia, 12-month inflation in March amounted to 3.3%, prices rose by 0.5% over the month
In March 2025, compared to March 2024, inflation in Armenia amounted to 3.3%, and 0.5% for the month. This is according to the report of the National Statistical Committee (NSC) of Armenia.Economic activity in Armenia increased by 4.1% in 2 months of 2025
According to preliminary data, Armenia's economic activity indicator in January-February 2025 registered a growth of 4.1% compared to the first two months of 2024, reports the National Statistical Committee of Armenia.Armenia's economy may show growth of around 6% in 2025 - Central Bank Board member
Surveys conducted by the Central Bank of Armenia among participants in the real sector indicate that economic growth is expected to stabilize at around 5% in the long term, with expectations for the current year slightly below 6%, said Levon Sahakyan, a member of the Central Bank Board.S&P expects Armenia's economic growth to halve in three years
Over the next three years, growth in Georgia and Armenia will almost halve, from 9.4% and 8.8%, respectively, in 2022-24, but will remain sustainable, according to a commentary by S&P Global Ratings analysts, as reported by FrankMedia.EFSD review: Armenia's economy slows down significantly, 2025-2027 forecast is 5%
The Eurasian Fund for Stabilization and Development (EFSD) has noted a significant slowdown in the growth of the Armenian economy due to a reduction in the contribution of "conjunctural factors," such as re-export volumes and the influx of tourists from Russia.Service sector in Armenia grew by 10.6% last year, to 3.5 trillion drams
The volume of the service sector in Armenia for 2024 amounted to 3,467,516.3 million drams (at current prices), reflecting an increase of 10.6% compared to the same period in 2023, according to the National Statistical Committee of Armenia.EDB expects price growth to accelerate in Armenia
The Eurasian Development Bank (EDB) forecasts a further acceleration in price growth in the coming months, with inflation expected to align closely with the target of the Central Bank of Armenia (3% ±1%). This is stated in the EDB’s weekly macroeconomic review.Armenia's export and import growth in 9 months of 2024 driven by increase in gold re-exports – Finance Ministry
The growth in exports and imports of Armenian goods from January to September 2024 is primarily due to the significant increase in gold re-exports, said Armenian Finance Minister Vahe Hovhannisyan.UN predicts Armenia's economic growth at 5.2% in 2025 and 4.7% in 2026
Armenia's GDP growth in 2025 will be 5.2%, with a slowdown to 4.7% in 2026. This is stated in the UN report "World Economic Situation Prospects 2025." At the same time, the authors of the report have revised their previous forecast for the country's economic growth in 2024, increasing it from 5.2% to 6%.World Bank names main factor for slowdown in Armenia's economic activity growth in October
Economic activity growth in Armenia slowed to 4.2% (year-on-year) in October from 7% in September, led by the services sector (excluding trade), which slowed from 11.6% (year-on-year) in September to 5.2% in October, mainly due to slowdown in hotel services, according to World Bank's 'Armenia Monthly Economic Update – December 2024.'News 1 - 20 of 653
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