Inflation Rate in Armenia
Inflation dropped to 3.2% in April from 5.4% in March, marking a 25-month low. The decline was spearheaded by softer price pressures for food and housing and utilities. Meanwhile, the Central Bank decided to hold rates at 10.75% at its 2 May meeting. Going forward, the Bank is seen easing its rates amid softer inflation.
Armenia Inflation Rate Chart
This chart displays Inflation Rate (CPI, annual variation in %) for Armenia from 2013 to 2022.
Armenia Inflation Rate Data
| 2017 | 2018 | 2019 | 2020 | 2021 | |
|---|---|---|---|---|---|
| Inflation (CPI, ann. var. %, aop) | 1.0 | 2.5 | 1.4 | 1.2 | 7.2 |