ArmInfo. In Armenia, in August 2021, the official y-o-y inflation calculated by the  Statistical Committee exceeded the y-o-y real inflation calculated by  the Central Bank - 8.8% versus 8%, respectively. In July 2021, the  y-o-y official inflation also exceeded real inflation, but less  noticeably - 8.2% versus 8.1%. And in the previous months of this  year, on the contrary, the real y- o-y  inflation exceeded the  official one.

ArmInfo.From January 1, 2022, the single operator of water supply company "Veolia Djur" proposes to increase the water tariff by 43.7 drams - up to 223.7 drams  (including VAT) per 1 cubic meter. The Public Services Regulatory  Commission (PSRC) accepted the application for revision of tariffs  for water supply services on August 12 of this year.

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ArmInfo. The EDB forecasts the growth of the  Armenian economy by 4.2% in 2021. This is stated in the  "Macroeconomic Forecast: The Return of Inflation: For How Long and  Should We Fear It'' prepared by the Eurasian Development Bank.

ArmInfo.The Eurasian Development Bank (EDB) has published an updated macroeconomic forecast for the Bank's operating region for 2021 and the medium term. In March, EDB analysts projected a strong recovery in the Bank's member states, but the reality of the first half of the year exceeded expectations.

ArmInfo.The Central Bank of Armenia improved its forecast for GDP growth for 2021 to 4.6% (from the previously projected 1.4%). This was announced on June 15 at a  press conference timed to increase the refinancing rate from 6% to  6.5%, Central Bank Chairman Martin Galstyan said.

ArmInfo. The new forecast report of the Central Bank of the Republic of Armenia for 2021 is supplemented with an apocalyptic scenario, but the recorded development indicates  that the economy has begun to breathe.

ArmInfo. Minister of Economy of Armenia Vahan Kerobyan again promised to reach a double-digit indicator of economic growth by the end of the year. He stated this  on May 5 from the rostrum of the RA National Assembly, answering the  questions of parliamentarians.

ArmInfo. In the consumer market of Armenia in January-April 2021, inflation was recorded at 5.1%, against 2.6% inflation in the same period in 2020. According to the RA Statistical Committee, this was provoked by an increase in the  prices of food products (including alcohol and cigarettes) by 8.6%  (versus 5.7% a year earlier), non-food products - by 5%  (versus 0.1% a year earlier) and tariffs for services - by 1.1%  (against 0.3% a year earlier).

ArmInfo. Armenia's gross external debt, which already in 2020 exceeded GDP to 103.5%, will continue to prevail over GDP both in 2021 (107%) and in 2021 (105.1%).  Thus, the gross debt of the Armenian government will reach 69.9% of GDP in 2021  (from 62.8% of GDP in 2020), and then in 2022 it will modestly  decrease to 68.8% of GDP. This is stated in the new IMF report  "Regional Economic Outlook Update: Middle East and Central Asia",  which presents a detailed forecast of key indicators of Armenia.

ArmInfo.In the long term, aggregate demand indicators in Armenia will remain weak, and in these conditions, inflationary pressures cannot be accelerated, so by the  end of the year we will return to the permissible inflation range of  4% (+/- 1.5%).

ArmInfo. Yes, it is possible to contain inflation, it can be corrected in a very short time -  within one month, the second President of Armenia Robert Kocharyan is  convinced.

ArmInfo. The International Monetary Fund (IMF) forecasts GDP growth of 1% for Armenia in 2021, with an acceleration to 3.5% in 2022. This is stated in the report of  the IMF following the results of the virtual discussions held by the  Fund's team led by Nathan Porter with the Armenian authorities  regarding the latest economic developments, prospects and political  priorities for the future.

ArmInfo. In the consumer market of Armenia in the first quarter of 2021, inflation was recorded at 3.8% against last year's 1.7%. In the first quarter of this year inflation  was mainly provoked by the rise in prices for foodstuffs by 6% and  non-foodstuffs by 4.3%, with an increase in tariffs for services by  0.9%.

ArmInfo.The World Bank (WB) has improved Armenia's projected GDP growth for 2021 to 3.4% (from the previous 3.1%), with an acceleration in 2022 to 4.3%, against an actual decline of 7.6% in 2020.

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ArmInfo.Fitch Ratings confirmed the long-term default rating of the Emitent (EDR) of Armenia in foreign currency at the level of "B +" with a stable forecast. This  is stated in the message posts on the site.

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ArmInfo.In the consumer market of Armenia in January 2021, inflation was recorded at 2.2%, with an annual inflation of 4.5% (in January 2021 to January 2020),  significantly exceeding inflation a year ago - 1.3% per month and  0.2% in a year.

ArmInfo. Everything in Armenia  has changed by 180 degrees.  And this realization should lead to the  need to change the policy in terms of the country's development  prospects. Economist Vahagn Khachatryan expressed this opinion on  December 17 at an online press conference.