Consumer prices in Armenia increased 2.5 percent year-on-year in June of 2019, easing from a 2.8 percent rise in the previous month. Prices rose at a softer pace for food and non-alcoholic beverages (4.6 percent vs 5.3 percent in May); miscellaneous goods & services (0.2 percent vs 0.7 percent); health (1.7 percent vs 2.2 percent); restaurants & hotels (1.6 percent vs 1.7 percent) and alcoholic beverages & tobacco (4.0 percent vs 4.5 percent). On the other hand, cost advanced faster for transport (1.4 percent vs 1.1 percent) and clothing & footwear (5.2 percent vs 1.7 percent) while inflation was steady for housing & utilities (at 0.3 percent). On a monthly basis, consumer prices decreased 1.9 percent, following a 0.4 percent drop in May. Inflation Rate in Armenia averaged 605.18 percent from 1993 until 2019, reaching an all time high of 22887.40 percent in June of 1994 and a record low of -5.52 percent in March of 1999.

Inflation Rate in Armenia is expected to be 2.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Inflation Rate in Armenia to stand at 2.70 in 12 months time. In the long-term, the Armenia Inflation Rate is projected to trend around 3.50 percent in 2020, according to our econometric models.

Armenia Inflation Rate
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Calendar GMT Actual Previous Consensus TEForecast
2019-04-03 08:00 AM Inflation Rate YoY 1.9% 1.9% 2%
2019-05-06 08:00 AM Inflation Rate YoY 2.2% 1.9% 1.8%
2019-06-05 08:00 AM Inflation Rate YoY 2.8% 2.2% 2.4%
2019-07-03 08:00 AM Inflation Rate YoY 2.5% 2.8% 2.8%
2019-08-05 08:00 AM Inflation Rate YoY 2.5%
2019-09-04 08:00 AM Inflation Rate YoY
2019-10-03 08:00 AM Inflation Rate YoY 2%


Armenia Prices Last Previous Highest Lowest Unit
Inflation Rate 2.50 2.80 22887.40 -5.52 percent [+]
Consumer Price Index CPI 128.62 131.11 131.64 0.03 Index Points [+]
Core Consumer Prices 99.94 99.93 101.46 99.44 Index Points [+]
Core Inflation Rate 1.40 1.10 7.60 -1.60 percent [+]
Producer Prices 99.30 96.50 108.70 89.70 Index Points [+]
Inflation Rate Mom -1.90 -0.40 437.80 -5.50 percent [+]
Import Prices 99.40 98.90 123.50 85.50 Index Points [+]
Producer Prices Change 1.20 0.60 12.50 -7.70 percent [+]
Food Inflation 4.60 5.30 7.90 -7.79 percent [+]
Export Prices 93.80 96.60 146.10 73.00 Index Points [+]


Armenia Inflation Rate

In Armenia, the inflation rate measures a broad rise or fall in prices that consumers pay for a standard basket of goods. This page provides the latest reported value for - Armenia Inflation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Armenia Inflation Rate - actual data, historical chart and calendar of releases - was last updated on July of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
2.50 2.80 22887.40 -5.52 1993 - 2019 percent Monthly




Country Last Previous
Argentina 57.30 May/19
Australia 1.30 Mar/19
Brazil 3.37 Jun/19
Canada 2.40 May/19
China 2.70 Jun/19
Euro Area 1.20 Jun/19
France 1.20 Jun/19
Germany 1.60 Jun/19
India 3.18 Jun/19
Indonesia 3.28 Jun/19
Italy 0.80 Jun/19
Japan 0.70 May/19
Mexico 3.95 Jun/19
Netherlands 2.70 Jun/19
Russia 4.70 Jun/19
Saudi Arabia -1.50 May/19
Singapore 0.90 May/19
South Africa 4.50 May/19
South Korea 0.70 Jun/19
Spain 0.40 Jun/19
Switzerland 0.60 Jun/19
Turkey 15.72 Jun/19
United Kingdom 2.00 May/19
United States 1.60 Jun/19


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