The Board of the CBA left the refinancing rate unchanged 6.0 percent
2017-11-14 08:30
The Board of the CBA left the refinancing rate unchanged 6.0%
At the November 14th of 2017 meeting the Board of the Central Bank of Armenia decided to leave the refinancing rate unchanged, at the 6.0% level.
There was 0.8% inflation in October of 2017 against that of 0.5% registered in the same month of the previous year, and the 12‐month inflation rate amounted to 1.2% in the end of the month. Meanwhile, acceleration of the 12‐month core inflation, observable in the last months,...
The Board of the CBA left the refinancing rate unchanged 6.0 percent
2017-09-26 07:59
The Board of the CBA left the refinancing rate unchanged 6.0%
On the September 26th of 2017 meeting the Board of the Central Bank of Armenia decided to leave the refinancing rate unchanged, at the 6.0% level.
There was 0.4% deflation registered in August of 2017, and the 12‐month inflation rate persisted at the same level, 0.9% as of the end of August. Meanwhile, the 12‐month core inflation hasincreased at a faster pace over the headline inflation, from 0.7% in the previous month to 1.5%...
The Board of the CBA left the refinancing rate unchanged 6.0 percent
2017-08-15 07:55
The Board of the CBA left the refinancing rate unchanged 6.0%
On the August 15th of 2017 meeting the Board of the Central Bank of Armenia decided to leave the refinancing rate unchanged, at the 6.0% level.
At the end of the second quarter of 2017 the 12‐month inflation rate was 1.1%, which was 0.3 pp higher than the level as anticipated in the monetary policy program for the second quarter. In July 2.6% deflation was recorded due to the seasonal fall in prices of agricultural products, and...
The Board of the CBA left the refinancing rate unchanged 6.0 percent
2017-06-27 07:45
The Board of the CBA left the refinancing rate unchanged 6.0%
On the June 27, 2017 meeting the Board of the Central Bank of Armenia decided to leave the refinancing rate unchanged, at the 6.0% level.
There was 0.2% deflation in May of 2017 compared with that of 0.7% recorded in the same month of the previous year, under which circumstance the 12‐month inflation rate continued expanding amounting to 1.6% at the end of the month. Taking into account current inflation developments, the Board...
The Board of the CBA left the refinancing rate unchanged 6.0 percent
2017-05-16 07:41
The Board of the CBA left the refinancing rate unchanged 6.0%
On a May 16, 2017 meeting, the Board of the Central Bank of Armenia decided to leave the refinancing rate unchanged, at the 6.0% level.
There was 1.0% inflation in April of 2017 compared with 0.3% deflation recorded in the same month of the previous year, which has been mainly attributable to higher levels of prices of agricultural products. In this circumstance, the 12‐month inflation rate has expanded and entered a positive...
The Board of the CBA left the refinancing rate unchanged 6.0 percent
2017-03-28 07:36
The Board of the CBA left the refinancing rate unchanged 6.0%
On a March 28, 2017 meeting, the Board of the Central Bank of Armenia decided to leave the refinancing rate unchanged, at the 6.0% level.
Deflation in February of 2017 was 0.9% against that of 1.4% recorded in the same month of the previous year, in which case the 12‐month inflation rate amounted to ‐0.2%. The 12‐month inflation rate, as expected, will continue to recover and stabilize around the target in the forecast...
The Board of the CBA lowered the refinancing rate 0.25 percent
2017-02-14 07:32
The Board of the CBA lowered the refinancing rate 0.25%
On the February 14, 2017 meeting the Board of the Central Bank of Armenia decided to lower the refinancing rate by 0.25 percentage point to 6.0%.
Inflation in January 2017 was 2.6% against 2.2% recorded in the same month last year. The 12‐month deflation reduced, making up 0.6%.
Trends in the external sector generally persisted – the global economy continues to grow slowly, while international commodity markets further face some...
The Board of the CBA lowered the refinancing rate by 0.25 percent
2016-12-27 09:03
The Board of the CBA lowered the refinancing rate by 0.25%
At the December 27, 2016 meeting, the Board of the CBA decided to reduce the Refinancing Rate by 0.25 pp, setting it at 6.25%.
Inflation in November was 1.0% compared with 0.6% of inflation in the same month of the previous year, and the 12-month deflation rate continued reducing to 0.6%. According to the CBA estimates, the deflationary environment will persist in the forthcoming months.
A slow pace of global economic growth...
The Board of the CBA lowered the refinancing rate by 0.25 percent
2016-11-15 09:01
The Board of the CBA lowered the refinancing rate by 0.25%
At the November 15, 2016 meeting, the Board of the CBA decided to cut the Refinancing Rate by 0.25 pp, setting it at 6.5%.
October posted price inflation of 0.5% as opposed to 0.4% of deflation recorded in the same month of the previous year, whereas the 12-month deflation rate amounted to 0.9%. According to the CBA estimates, the deflationary environment will keep on softening up until the end of the year.
A slow pace of global...
The Board of the CBA lowered the refinancing rate by 0.5 percent
2016-09-27 08:57
The Board of the CBA lowered the refinancing rate by 0.5 percent
At the September 27, 2016 meeting, the Board of the CBA decided to cut the Refinancing Rate by 0.5 pp, setting it at 6.75%.
August posted price deflation of 0.5% compared to 0.1% of inflation recorded in the same month of the previous year. The 12-month inflation rate has reduced in the meantime, amounting to -1.9% at the end of the month. The CBA estimates that deflationary environment will remain low in September too, and then...
The Board of the CBA lowered the refinancing rate by 0.25 percent
2016-08-16 08:53
The Board of the CBA lowered the refinancing rate by 0.25%
At the August 16, 2016 meeting, the Board of the CBA decided to cut the Refinancing Rate by 0.25 pp, setting it at 7.25%.
Deflation in July of 2016 was 2.3%, mainly due to the decrease in prices of seasonal agricultural products and reduced gas tariff, under which circumstance the 12-month inflation rate reached -1.3% at the end of the month.
A slow pace of global economic growth and relative stability in international commodity...
The Board of the CBA lowered the refinancing rate by 0.25 percent
2016-06-28 08:50
The Board of the CBA lowered the refinancing rate by 0.25%
At the June 28, 2016 meeting, the Board of the CBA decided to cut the Refinancing Rate by 0.25 pp, setting it at 7.5%.
Deflation in May of 2016 was 0.7% compared to 0.5% recorded in the same month of the previous year, under which circumstance the 12-month inflation rate reached -2.1% at the end of the month.
In the external sector a slow pace of global economic growth, as well as relative stability achieved recently in...
The Board of the CBA lowered the refinancing rate by 0.5 percent
2016-05-17 08:45
The Board of the CBA lowered the refinancing rate by 0.25%
At the May 17, 2016 meeting the Board of the Central Bank of Armenia decided to reduce the refinancing rate by 0.5 percentage point to 7.75%.
In April of 2016 deflation was 0.3% compared to 0.4% recorded in the same month of the previous year. At the end of the month the 12-month inflation rate amounted to -1.9%.
Global economy continues growing at slow rates yet relative stability came to replace deflationary patterns in...
The Board of the CBA lowered the refinancing rate by 0.25 percent
2016-03-29 08:42
The Board of the CBA lowered the refinancing rate by 0.25%
At the March 29, 2016 meeting the Board of the Central Bank of Armenia decided to reduce the refinancing rate by 0.25 percentage point to 8.25%.
In February of 2016 deflation was 1.4% compared to 0.1% recorded in the same month of the previous year. In the meanwhile, the 12-month inflation rate continued falling; at the end of the month it amounted to -1.7%. Monthly deflation was entirely due to the decrease in prices of imported food...
The Board of the CBA lowered the refinancing rate by 0.25 percent
2016-02-16 08:39
The Board of the CBA lowered the refinancing rate by 0.25%
At the February 16, 2016 meeting the Board of the Central Bank of Armenia decided to lower the refinancing rate by 0.25 percentage point to 8.5%.
In January of 2016 inflation was 2.2% compared to 2.5% recorded in the same month of the previous year. In the meanwhile the 12-month inflation rate fell slightly, amounting to -0.4% at the end of the month. The low level of inflation is almost entirely due to the decrease in agricultural...