Inflation rate in Armenia slowed to 1.7 percent in July of 2019 from 2.5 percent in the previous month. It was the lowest inflation rate since January, as cost slowed for food and non-alcoholic beverages (2.6 percent vs 4.6 percent in June); transport (1.1 percent vs 1.4 percent) and restaurants & hotels (1.1 percent vs 1.6 percent). On the other hand, inflation was steady for housing & utilities (at 0.3 percent) and health (at 1.7 percent) while prices advanced faster for clothing & footwear (6.2 percent vs 5.2 percent); miscellaneous goods & services (0.3 percent vs 0.2 percent) and for alcoholic beverages & tobacco (4.1 percent vs 4.0 percent). On a monthly basis, consumer prices decreased 1.9 percent, the same pace as in June. Inflation Rate in Armenia averaged 603.22 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
2019-05-06 08:00 AM Inflation Rate YoY Apr 2.2% 1.9% 1.8%
2019-06-05 08:00 AM Inflation Rate YoY May 2.8% 2.2% 2.4%
2019-07-03 08:00 AM Inflation Rate YoY Jun 2.5% 2.8% 2.8%
2019-08-05 08:00 AM Inflation Rate YoY Jul 1.7% 2.5% 2.2%
2019-09-04 08:00 AM Inflation Rate YoY Aug 1.7% 2.6%
2019-10-03 08:00 AM Inflation Rate YoY Sep 2.0%
2019-11-05 08:00 AM Inflation Rate YoY Oct


Armenia Prices Last Previous Highest Lowest Unit
Inflation Rate 1.70 2.50 22887.40 -5.52 percent [+]
Consumer Price Index CPI 126.17 128.62 131.64 0.03 Index Points [+]
Core Consumer Prices 99.94 99.93 101.46 99.44 Index Points [+]
Core Inflation Rate 1.50 1.50 7.60 -1.60 percent [+]
Producer Prices 99.00 99.30 108.70 89.70 Index Points [+]
Inflation Rate Mom -1.90 -1.90 437.80 -5.50 percent [+]
Import Prices 98.20 99.40 123.50 85.50 Index Points [+]
Producer Prices Change -2.10 1.20 12.50 -7.70 percent [+]
Food Inflation 2.60 4.60 7.90 -7.79 percent [+]
Export Prices 99.00 93.80 146.10 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 August of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
1.70 2.50 22887.40 -5.52 1993 - 2019 percent Monthly




Country Last Previous
Argentina 54.40 Jul/19
Australia 1.60 Jun/19
Brazil 3.22 Jul/19
Canada 2.00 Jul/19
China 2.80 Jul/19
Euro Area 1.00 Jul/19
France 1.10 Jul/19
Germany 1.70 Jul/19
India 3.15 Jul/19
Indonesia 3.32 Jul/19
Italy 0.40 Jul/19
Japan 0.70 Jun/19
Mexico 3.78 Jul/19
Netherlands 2.50 Jul/19
Russia 4.60 Jul/19
Saudi Arabia -1.40 Jun/19
Singapore 0.60 Jun/19
South Africa 4.00 Jul/19
South Korea 0.60 Jul/19
Spain 0.50 Jul/19
Switzerland 0.30 Jul/19
Turkey 16.65 Jul/19
United Kingdom 2.10 Jul/19
United States 1.80 Jul/19


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