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Research Team

Armenia Coverage Jan 2-15

MPs elect two deputy speakers from ruling party, one from opposition
Pashinyan becomes PM again after snap election
CPI inflation stays at 1.8% y/y in December
World Bank revises 2019, 2020 growth forecasts up to 4.3%, 4.6% respectively
Gross foreign debt grows by USD 257mn q/q to USD 10.8bn in Q3 2018
Credit growth slows to 20.3% y/y in November
CA posts USD 251mn deficit in Q3 2018
Remittances decline by 5.0% y/y to USD 156mn in November
Russia hikes gas price from Jan 1
CBA again keeps benchmark rate on hold at 6%
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