11:18,

YEREVAN, MAY 29, ARMENPRESS. The inflation is stabilizing in Armenia, Prime Minister Nikol Pashinyan has said.

As of April, inflation is returning to the indicators envisaged under the budget, Pashinyan told lawmakers at a joint committee session for preliminary debates of the 2022 government budget report.

Pashinyan noted the high economic growth in Q1 of 2023.

The GDP grew 12,1%, while the economic activity index of April also stood at 12,1%.

“And inflation is 3,2%. We see some stabilization of the inflation. As of April the inflation returned to the indicators envisaged and forecast under the budget, and we hope that this dynamic will be maintained,” Pashinyan said.