Cost of food in Armenia increased 0.5 percent in November of 2019 over the same month in the previous year. Food Inflation in Armenia averaged 0.60 percent from 2000 until 2019, reaching an all time high of 7.90 percent in February of 2001 and a record low of -7.79 percent in February of 2002.

Food Inflation in Armenia is expected to be 1.30 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Food Inflation in Armenia to stand at 1.30 in 12 months time. In the long-term, the Armenia Food Inflation is projected to trend around 2.40 percent in 2020, according to our econometric models.

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Armenia Food Inflation

Actual Previous Highest Lowest Dates Unit Frequency
0.50 0.00 7.90 -7.79 2000 - 2019 percent Monthly

Armenia Prices Last Previous Highest Lowest Unit
Inflation Rate 0.70 1.00 22887.40 -5.52 percent [+]
Consumer Price Index CPI 129.81 128.15 131.92 0.03 points [+]
Core Consumer Prices 100.08 100.07 101.46 99.44 points [+]
Core Inflation Rate 0.60 0.70 7.60 -1.60 percent [+]
Producer Prices 100.50 99.10 108.70 89.70 points [+]
Inflation Rate Mom 1.30 1.10 437.80 -5.50 percent [+]
Import Prices 101.70 97.50 123.50 85.50 points [+]
Producer Prices Change -0.60 0.50 12.50 -7.70 percent [+]
Food Inflation 0.50 0.00 7.90 -7.79 percent [+]
Export Prices 95.40 99.30 146.10 73.00 points [+]