BAKU, Azerbaijan, Could 4
There aren’t any optimistic developments in Armenian financial system by way of inflation, economist Karlen Khachatryan informed the Armenian Previous newspaper, Pattern stories citing the Armenian media.
“If we evaluate the change within the common client value index in Armenia with the worldwide inflation fee, then in our nation it’s a minimum of twice as excessive. Inflation in developed nations in the identical month was 1.1-1.4 %, in neighboring Georgia – 2.8 %, and in Armenia – 5.8 %. Consequently, there’s a wave of inflation, which can additional irritate the present social issues in Armenia,” Khachatryan stated.
On the similar time, the inflation fee is continually rising, stated the economist.
“Inflation in Armenia is rising as a result of, since January 2020, this indicator has been 1.5-1.8 % each month. In December 2021, inflation rose sharply to three.7 %. In January 2021, inflation in Armenia amounted to 4.3 %, then – 4.8 %. And this determine will additional develop. Clearly, in distinction to the identical interval final yr, we now have larger month-to-month inflation,” the economist stated.