Armenia: strong growth and moderate inflation recorded

Armenia is currently experiencing strong economic growth alongside inflation that remains elevated but not excessively high, Deputy Governor of the Central Bank of Armenia Armen Nurbekyan has said during a parliamentary session. Lawmakers are discussing the Central Bank’s annual report on its activities. According to Nurbekyan, the most significant uncertainties for Armenia’s macroeconomic outlook in…

Bulgaria: inflation highest in the Eurozone

Bulgaria recorded an annual inflation rate of 6.3% in May, according to revised data from Eurostat using the Harmonized Index of Consumer Prices (HICP). The figure marks the highest level since September 2023 and places the country among the top inflation performers in the European Union, second only to Romania, which posted 9.7%. Lithuania follows…

Armenia: trade data show growing imports from Azerbaijan

The value of goods exported from Azerbaijan to Armenia during January-May totaled approximately $11.2 million, according to Azerbaijan’s State Customs Committee. In May alone, exports from Azerbaijan to Armenia amounted to $1.6 million. During the same period, Armenia indirectly exported goods worth $960 to Azerbaijan. According to the data, no exports from Armenia to Azerbaijan…