Inflation in Armenia
Consumer price inflation in Armenia averaged 3.3% in the ten years to 2022, below the Eastern Europe regional average of 7.7%. The 2022 average figure was 8.6%. For more inflation information, visit our dedicated page.
Armenia Inflation Chart
Note: This chart displays Inflation Rate (CPI, annual variation in %) for Armenia from 2024 to 2014.
Source: Macrobond.
Armenia Inflation Data
| 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Inflation (CPI, ann. var. %, aop) | 1.2 | 7.2 | 8.6 | 2.0 | 0.3 |
How should you choose a forecaster if some are too optimistic while others are too pessimistic? FocusEconomics collects Armenian inflation projections for the next ten years from a panel of 12 analysts at the leading national, regional and global forecast institutions. These projections are then validated by our in-house team of economists and data analysts and averaged to provide one Consensus Forecast you can rely on for each indicator. By averaging all forecasts, upside and downside forecasting errors tend to cancel each other out, leading to the most reliable inflation forecast available for Armenian inflation.
Download one of our sample reports to visualize what a Consensus Forecast is and see our Armenian inflation projections.
Want to get access to the full dataset of Armenian inflation forecasts? Send an email to info@focus-economics.com.