Money in Armenia
Inflation dropped to 3.2% in April from 5.4% in March, marking a 25-month low. The decline was spearheaded by softer price pressures for food and housing and utilities. Meanwhile, the Central Bank decided to hold rates at 10.75% at its 2 May meeting. Going forward, the Bank is seen easing its rates amid softer inflation.
Armenia Money Chart
Armenia Money Data
|Money (ann. var. of M2 %)||28.9||13.2||21.5||14.8||12.8|