Tuesday, November 6 2018 12:57
Karine Melikyan

In Jan-Oct 2018, 0.7% deflation recorded in Armenia amid y-o-y  inflation of 2.7%

In Jan-Oct 2018, 0.7% deflation recorded in Armenia amid y-o-y  inflation of 2.7%

ArmInfo. In Armenia's consumer market in October 2018, inflation was fixed at 0.1%, which was caused by the rise in prices of non-food products by 1.8%, while food prices  fell by 0.4% and tariffs for services decreased by 0.3%. In the  capital, consumer prices rose in October by 0.2%. In January-October  2018, a 0.7% deflation was caused by drop in prices of food products  by 3.4%, while non-food products prices rose by 3.2% and tariffs for  services increased by 0.4%.

As the RA Statistics Committee told ArmInfo, the average monthly  decline in consumer prices in January- October 2018 was 0.1%, as in  the previous year. In January-October 2018, as compared with January-  October 2017, inflation at a consumption market was recorded of 2.7%  due to the rise in prices for food products by 2.7%, non-food  products - by 4.7% and increase in tariffs for services by 1.3% . In  October 2018, compared with October 2017, a similar situation was  observed: 2.8% inflation on consumer market was provoked by 3.6% rise  in food prices, 3.8% - non-food items, and service tariffs increased  by 0.9%.

To note, inflation in Armenia in October 2017 was recorded at 0.8%,  due to the rise in prices of non-food products by 1.9%, foodstuffs by  1.2%, while tariffs for services decreased by 0.5%. % In the capital,  consumer prices rose in October by 1.1%. In January-October 2017,  deflation of 0.9% was caused by a 1.7% reduction in the price of food  products, a 1.1% reduction in tariffs for services, and a 1.1%  increase in prices for non-food products. The average monthly decline  in consumer prices in January-October 2017 was 0.1%, against a  decline of 0.3% a year earlier. In January-October 2017 compared with  January- October 2016, inflation was recorded at a consumption market  at 0.7% due to the rise in price of food products by 3.7%, while  non-food products became cheaper by 2.4% and tariffs for services  decreased by 1.4 % In October 2017, compared with October 2016, a  similar situation was observed: 1.2% inflation on consumer market was  provoked by 3.6% more expensive food products, while prices for  non-food products remained unchanged and service tariffs decreased by  1%. 

POST A COMMENT
Input digits     


News
Economic Development Minister and Head of ADB Office in Armenia  Discussed Economic PerspectivesEconomic Development Minister and Head of ADB Office in Armenia  Discussed Economic Perspectives
CBA intends to continue monetary stimulus policyCBA intends to continue monetary stimulus policy
Electric Networks of Armenia CJSC intends to enter IPOElectric Networks of Armenia CJSC intends to enter IPO
Armenian Ministry of Finance proposes to leave unchanged tax on VATArmenian Ministry of Finance proposes to leave unchanged tax on VAT
Converse Bank was introduced at the annual Career and  Entrepreneurship Fair as the creator of a success storyConverse Bank was introduced at the annual Career and  Entrepreneurship Fair as the creator of a success story
Reduction of tax rates in Armenia will be reimbursed due to excise  taxes on cigarettes, drinks and taxes on gambling and expensive carsReduction of tax rates in Armenia will be reimbursed due to excise  taxes on cigarettes, drinks and taxes on gambling and expensive cars
Armenia is slowly but surely moving towards reducing income taxArmenia is slowly but surely moving towards reducing income tax
Project from Ministry of Finance: Micro-business to replace  self-employed and family entrepreneurship in ArmeniaProject from Ministry of Finance: Micro-business to replace  self-employed and family entrepreneurship in Armenia
Representatives of the National Association of Italian Developers  (ANCE) will visit Armenia to get acquainted with business and  investment environment on siteRepresentatives of the National Association of Italian Developers  (ANCE) will visit Armenia to get acquainted with business and  investment environment on site
For the first time, VTB Bank (Armenia), together with Sil Insurance,  launches insurance of mortgage loans prepaymentFor the first time, VTB Bank (Armenia), together with Sil Insurance,  launches insurance of mortgage loans prepayment
Armenian government refused to exempt sales of agricultural products  from VATArmenian government refused to exempt sales of agricultural products  from VAT
ARARATBANK launches ARARATBANK launches "New Year" campaign - cheap mortgage loans
Net profit of Armenian banks grew by 81.3% y -o-y up to $ 107.1  million over 9 months of 2018Net profit of Armenian banks grew by 81.3% y -o-y up to $ 107.1  million over 9 months of 2018
Breeding poultry farm Breeding poultry farm "Arzni" does not recognize the decision of the  regulator and will appeal against it
Ardshinbank is the winner of Eikon Award 2018 by Thomson ReutersArdshinbank is the winner of Eikon Award 2018 by Thomson Reuters
Tatul Manaseryan: The modest figures included in the country`s budget  for 2019 may be exceededTatul Manaseryan: The modest figures included in the country`s budget  for 2019 may be exceeded
The state initiative on amnesty of bad loans fines did not prevent  increase of overdue loans The state initiative on amnesty of bad loans fines did not prevent  increase of overdue loans 
Armenian government is negotiating to attract a new operator of  Teghut field development projectArmenian government is negotiating to attract a new operator of  Teghut field development project
In a month world`s largest semi-closed greenhouse will be  commissioned in Armenia In a month world`s largest semi-closed greenhouse will be  commissioned in Armenia 
T.Avinyan: The Government is open for cooperation and encourages  active dialogue and interaction in all areas T.Avinyan: The Government is open for cooperation and encourages  active dialogue and interaction in all areas 
EBRD is interested in implementing new projects in the field of  renewable energy in ArmeniaEBRD is interested in implementing new projects in the field of  renewable energy in Armenia
Ameriabank is recognized by Thomson Reuters as the winner in the  category Ameriabank is recognized by Thomson Reuters as the winner in the  category "The Most Active User of the FXT Platform"
Energy Week 2018 Investment Forum to be held in YerevanEnergy Week 2018 Investment Forum to be held in Yerevan
Central Bank of Armenia preferred to maintain the refinancing rate at  6%Central Bank of Armenia preferred to maintain the refinancing rate at  6%
Pashinyan: A number of foreign investors show interest in building  copper smelting plants in Armenia Pashinyan: A number of foreign investors show interest in building  copper smelting plants in Armenia 
SRC Deputy Head: Armenian tax authorities will take measures to  increase non-cash turnover in 2019SRC Deputy Head: Armenian tax authorities will take measures to  increase non-cash turnover in 2019
Nikol Pashinyan: The North-South Road must be built according to the  highest quality standardsNikol Pashinyan: The North-South Road must be built according to the  highest quality standards
Iranian``Ariana Tunnel Dam Co.`` company presented preparatory work  for construction program of Bagratashen bridgeIranian``Ariana Tunnel Dam Co.`` company presented preparatory work  for construction program of Bagratashen bridge
From January 1, 2020, Armenia plans to introduce a system of total  declaration of incomes of citizensFrom January 1, 2020, Armenia plans to introduce a system of total  declaration of incomes of citizens
Beeline launched a mass texting service for corporate clientsBeeline launched a mass texting service for corporate clients


Exchange rates
16.11.2018
RUB7.350.04
USD485.72-1.55
EUR550.711.02
GBP621.53-1.44
CAD368.810.36
JPY42.84-0.14
CNY70.01-0.21
CHF482.30-1.63

Experts
Association of Organic Agriculture is being created in ArmeniaAssociation of Organic Agriculture is being created in Armenia
Pailak Tadevosyan: Governments change in Armenia, but taxation  approaches do not changePailak Tadevosyan: Governments change in Armenia, but taxation  approaches do not change
Rouben Indjikian: Everyone should follow the established unified and fair rules of the gameRouben Indjikian: Everyone should follow the established unified and fair rules of the game
Mher Arakelyan:  Armenia`s payment business has great prospectsMher Arakelyan:  Armenia`s payment business has great prospects
Rating-Agentur Expert RA GmbH and AmRating issued an industry report  on Armenia`s banking systemRating-Agentur Expert RA GmbH and AmRating issued an industry report on Armenia`s banking system
Igor Nazaruk: Each planted sprout has the right to a successful prospect if it is cherished and taken care ofIgor Nazaruk: Each planted sprout has the right to a successful prospect if it is cherished and taken care of
Ara Khzmalyan: Armenia is comfortable to Russian touristAra Khzmalyan: Armenia is comfortable to Russian tourist
The Armenian delegation to the US followed the advice of President TrumpThe Armenian delegation to the US followed the advice of President Trump
Outflow of population and passivity of the Diaspora pushes property prices downOutflow of population and passivity of the Diaspora pushes property prices down
Finombudsman: Amendments to the Civil Code on the imposition of fines and penalties will reduce the number of outstanding loans and  non-creditworthy consumersFinombudsman: Amendments to the Civil Code on the imposition of fines and penalties will reduce the number of outstanding loans and non-creditworthy consumers
Vahan Shakaryan: If we promote Armenia, the promotion of economic sectors will not be a run with obstacles, but a light run for short distancesVahan Shakaryan: If we promote Armenia, the promotion of economic sectors will not be a run with obstacles, but a light run for short distances
Gagik Aghajanyan: There is no need to look for alternatives - it is necessary to work and develop actual   directionsGagik Aghajanyan: There is no need to look for alternatives - it is necessary to work and develop actual   directions
Vitaly Nesis: Armenia is very promising from the geological point of viewVitaly Nesis: Armenia is very promising from the geological point of view
The market of OSAGO goes into virtual spaceThe market of OSAGO goes into virtual space
Ishkhan Mkhitaryan: ArCa and Mir complete the technological part of the project of interaction, business for banksIshkhan Mkhitaryan: ArCa and Mir complete the technological part of the project of interaction, business for banks
The second stage of implementation of the program for prolonging the lifetime of the power unit N2 of the Armenian NPP beginsThe second stage of implementation of the program for prolonging the lifetime of the power unit N2 of the Armenian NPP begins
Successful business is forging for years - to the jubilee of IC Successful business is forging for years - to the jubilee of IC "INGO Armenia"
Armen Shahnazaryan: The double increase in the insurance portfolio of EIAA ICJSC by the end of 2018 is quite feasibleArmen Shahnazaryan: The double increase in the insurance portfolio of EIAA ICJSC by the end of 2018 is quite feasible
Expert: Real estate market of Armenia started demonstrating weak  signs of recovery in I half-yearExpert: Real estate market of Armenia started demonstrating weak signs of recovery in I half-year
Amulsar: Ecology and РeopleAmulsar: Ecology and Рeople

Search by date

Government Bonds

 

ISIN AMGB1029A250
Auction ID AMGB1029A250A
Date 12.05.2017
Issue date 29.10.2015
Issue volume (AMD) 50 000 000 000
Maturity date 29.10.2025
Coupon year yield 11.00%
Auction volume (AMD) 1000 000 000 - 2.000 000 000
Auction date 12.05.2017
DLS
Total amount (AMD) 1 000 000 000
Amount of the total bids (AMD) 787 200 000
Amount of the total accepted bids (AMD) 787 200 000
Cut of yield (%) 10,6447
Weighted avrage yield (%) 10,6447
Auction max  yield (%) 10,6447
Auction min  yield (%) 10,6447
Number of participants 5
ArmEx

 

СПРОС (Покупка)

USD

Средневзв. Цена

482,00

ПРЕДЛОЖЕНИЕ (Продажа)

  USD

Средневзв. Цена

-

СДЕЛКИ

USD

Цена откр.

482,00

Цена закр.

482,00

Мин. Цена

482,00

Макс. Цена

482,00

Ср/взв. Цена

482,00

-0.16

Кол-во сделок

1

Объем (инвал.)

200 000

0бъем (драм)

96 400 000

Commented
T.Avinyan: The Government is open for cooperation and encourages  active dialogue and interaction in all areas T.Avinyan: The Government is open for cooperation and encourages  active dialogue and interaction in all areas 
Agreement on construction of a new unit with combined gas cycle  signed in YerevanAgreement on construction of a new unit with combined gas cycle  signed in Yerevan
Veolia Jur: Regulatory charges are false and unfoundedVeolia Jur: Regulatory charges are false and unfounded
Armenian Prime Minister: We are gaining momentum for economic takeoffArmenian Prime Minister: We are gaining momentum for economic takeoff
By the end of 2018, By the end of 2018, "Galburdjian Group" will launch the production of  sesame oil in Armenia
Expert: Armenia has a problem with effective use of water resources,  rather than small hydropower stationsExpert: Armenia has a problem with effective use of water resources,  rather than small hydropower stations
Investment forum Investment forum "Energy Week 2018" to be held in Armenia
Expert: It is necessary to start implementing the program for the  construction of a new nuclear unitExpert: It is necessary to start implementing the program for the  construction of a new nuclear unit
The updated feasibility study of construction project of electricity transmission line Armenia- Georgia will be ready by the end of the year - the Ministry of EnergyThe updated feasibility study of construction project of electricity transmission line Armenia- Georgia will be ready by the end of the year - the Ministry of Energy
Eurasian Development Bank wishes to expand its activities in ArmeniaEurasian Development Bank wishes to expand its activities in Armenia
$ 100 million to be invested in repatriation project Build Armenia$ 100 million to be invested in repatriation project Build Armenia
FRV: Armenia`s growing desire to increase renewable energy sources is  a decisive factorFRV: Armenia`s growing desire to increase renewable energy sources is a decisive factor
Suren Papikyan: It`s safe now to do business in Armenia, assures  Armenian MinisterSuren Papikyan: It`s safe now to do business in Armenia, assures  Armenian Minister
Armenian state debt started reducing up to $6.7 bln to June 1 2018Armenian state debt started reducing up to $6.7 bln to June 1 2018
Minister: Implementation of program on liberalization of the electric  power complex of Armenia will be completed within the next two yearsMinister: Implementation of program on liberalization of the electric  power complex of Armenia will be completed within the next two years
Nikol Pashinyan: In a number of cases after paying fines and  penalties the borrowers will be allowed to take new loan Nikol Pashinyan: In a number of cases after paying fines and  penalties the borrowers will be allowed to take new loan 
German bank KFW urges Armenia to build power line in the direction to  GeorgiaGerman bank KFW urges Armenia to build power line in the direction to  Georgia
Anna Chobanyan-one of most likely candidates for new Head of General  Department of Civil Aviation Anna Chobanyan-one of most likely candidates for new Head of General  Department of Civil Aviation 
IFAD confirms its readiness to develop and implement new joint programs with Armenia`s Agriculture MinistryIFAD confirms its readiness to develop and implement new joint programs with Armenia`s Agriculture Ministry
Rosselkhoznadzor asks not politicize the issue of deliveries of tomatoes from Armenia to RussiaRosselkhoznadzor asks not politicize the issue of deliveries of tomatoes from Armenia to Russia
Armenian nuclear power station has a resource for work for another 30  yearsArmenian nuclear power station has a resource for work for another 30 years
Premier: Construction of a new nuclear power plant in Armenia is one of the priorities of the new government of the countryPremier: Construction of a new nuclear power plant in Armenia is one of the priorities of the new government of the country
In Armenia, an online service has been activated that allows  calculating the cost of customs clearance of a carIn Armenia, an online service has been activated that allows calculating the cost of customs clearance of a car
Gyumri programmers won on hekaton Gyumri programmers won on hekaton "Innovative ideas for tourism development"
Armenian Lori opens a large international ski resortArmenian Lori opens a large international ski resort
A number of light and alcohol industry enterprises of Armenia will be  provided with state supportA number of light and alcohol industry enterprises of Armenia will be provided with state support
Expert: The attitude of Armenian public to the nuclear power industry is demonstrated not by the promiseExpert: The attitude of Armenian public to the nuclear power industry is demonstrated not by the promise