Tag Archives: inflation

Armenian central bank raises refinancing rate for third time in two months due to increased inflation

YEREVAN. Feb 10 (Interfax) – The Armenian central bank decided to raise its refinancing rate from 9.5% to 10.5% pa, the bank said in a statement. This was done to ease domestic inflationary pressure, the statement says. The central bank … Continue reading

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Drop in oil prices to $60 per barrel ‘unlikely’ – Nabiullina (Part 2)

MOSCOW. Dec 11 (Interfax) – The Central Bank of Russia continues to believe it unlikely that oil prices will decline to $60 per barrel for an extended period, as contained in the “stress scenario,” Central Bank Governor Elvira Nabiullina told … Continue reading

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Azerbaijan government forecasting average annual inflation of up to 2.5% in 2015-2018

BAKU. Nov 6 (Interfax) – The government of Azerbaijan is forecasting average annual inflation in the republic at up to 2.5% in 2015-2018, the government told Interfax. In 2014, average annual inflation will be 2.3%. In 2013 it was 2.4%. … Continue reading

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Inflation in Oct in Russia – 0.8%, annual rises to 8.3% – Rosstat (Part 2)

MOSCOW. Oct 29 (Interfax) – Inflation in Russia in October 2014 was 0.8%, after 0.7% in September, 0.2% in August, 0.5% in July, 0.6% in June, 0.9% in May and April, 1.0% in March, 0.7% in February and 0.6% in … Continue reading

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Armenian govt approves 2015 budget with 2.3% of GDP deficit

YEREVAN. Sept 25 (Interfax) – The Armenian government on Thursday approved a 2015 budget draft with real GDP growth of 4.1% and a budget deficit of 114.1 billion dram, or 2.34% of GDP. First Deputy Finance Minister Pavel Safaryan presented … Continue reading

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Kazakh government forecasts 5% GDP growth in 2015

Kazakhstan’s government approved the economic forecast for 2015-2019 at a meeting on Wednesday, the Ministry of National Economy said. According to the forecast, real GDP growth in 2015 is expected to reach 5%, followed by 5.6% in 2016, 6.8% in … Continue reading

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Lithuanian economy grows 3% in Q1

GDP in Lithuania grew 3% year-on-year in the first quarter of 2014, according to adjusted figures, to 27.69 billion litai (around 8.02 billion euro) in current prices. The Lithuanian statistics department said GDP was up 0.6% on the fourth quarter … Continue reading

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