Annual inflation rate in Armenia remained unchanged at 8.1 percent in February 2023, as prices rose at a slower pace for transport (2.2 percent vs 4.4 percent in January), housing & utilities (7.5 percent vs 7.6 percent), and restaurants & hotels (9.4 percent vs 9.6 percent). Meanwhile, faster increases were seen for food & non-alcoholic beverages (9.8 percent vs 9.4) and clothing & footwear (7.7 percent vs 7.4 percent). On a monthly basis, the CPI eased to 0.1 percent in February, from 1.4 percent in the previous month. source: National Statistical Service of the Republic of Armenia

Inflation Rate in Armenia averaged 529.96 percent from 1993 until 2023, 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. 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 - data, historical chart, forecasts and calendar of releases - was last updated on March of 2023.

Inflation Rate in Armenia is expected to be 9.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations.

Ok
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.

API Features Documentation Interested? Click here to contact us
Please Paste this Code in your Website
width
height
 Preview
Armenia Inflation Rate



Calendar GMT Actual Previous Consensus TEForecast
2023-02-07 08:00 AM Jan 8.1% 8.3% 8.1%
2023-03-03 08:00 AM Feb 8.1% 8.1% 7.9%
2023-04-05 08:00 AM Mar 8.1% 9.5%


Related Last Previous Unit Reference
Inflation Rate 8.10 8.10 percent Feb 2023
Consumer Price Index CPI 159.24 158.89 points Feb 2023
Producer Prices 103.00 103.50 points Jan 2023
Inflation Rate MoM 0.10 1.40 percent Feb 2023
Producer Prices Change 1.60 -0.40 percent Jan 2023
Import Prices 102.60 100.70 points Jan 2023
Food Inflation 9.40 10.00 percent Jan 2023
Export Prices 102.00 105.40 points Jan 2023

Armenia Inflation Rate
In Armenia, the most important category in the consumer price index is Food and Non-Alcoholic Beverages (38 percent of total weight). Housing and Utilities accounts for 16 percent; Transport for 10 percent; Health for 9 percent; and Miscellaneous Goods and Services for 6 percent. Alcoholic Beverages and Tobacco; Clothing and Footwear; Furnishings Household Equipment and Routine Household Maintenance; Communication; Recreation and Culture; Education and Restaurants and Hotels account for the remaining 22 percent of total weight.
Actual Previous Highest Lowest Dates Unit Frequency
8.10 8.10 22887.40 -5.52 1993 - 2023 percent Monthly

News Stream
Armenia Inflation Rate Unchanged at 8.1%
Annual inflation rate in Armenia remained unchanged at 8.1 percent in February 2023, as prices rose at a slower pace for transport (2.2 percent vs 4.4 percent in January), housing & utilities (7.5 percent vs 7.6 percent), and restaurants & hotels (9.4 percent vs 9.6 percent). Meanwhile, faster increases were seen for food & non-alcoholic beverages (9.8 percent vs 9.4) and clothing & footwear (7.7 percent vs 7.4 percent). On a monthly basis, the CPI eased to 0.1 percent in February, from 1.4 percent in the previous month.
2023-03-03
Armenia Inflation Rate Falls for 4th Month
Annual inflation rate in Armenia slowed for a fourth month to 8.1% in January of 2023, the lowest since March of 2022, compared to 8.3% in December. Prices rose at a slower pace for food & non-alcoholic beverages (9.4% vs 10%), transport (4.4% vs 6.1%) and housing & utilities (7.6% vs 8.2%). On the other hand, faster increases were seen for clothing & footwear (7.4% vs 7.2%), health (3.3% vs 3.1%), recreation and culture (11.9% vs 9.8%) and restaurants and hotels (9.6% vs 8.8%). Compared to the previous month, the CPI went up 1.4%.
2023-02-07
Armenia Inflation Rate Eases Further in December
Armenia’s annual inflation rate eased to 8.3 percent in December of 2022, from 8.8 percent in the previous month. Prices slowed further for food & non-alcoholic beverages (10 percent vs 11.1 percent in November) and clothing & footwear (7.2 percent vs 7.5 percent). Meanwhile, prices edged higher for housing & utilities (8.2 percent vs 8 percent). For the full year of 2022, consumer prices rose 8.6 percent compared to the same period a year ago.
2023-01-10