The Consumer Price Index in Armenia decreased 1.90 percent in July of 2019 over the previous month. Inflation Rate Mom in Armenia averaged 3.98 percent from 1993 until 2019, reaching an all time high of 437.80 percent in November of 1993 and a record low of -5.50 percent in July of 2003.
Inflation Rate Mom in Armenia is expected to be 0.80 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Inflation Rate Mom in Armenia to stand at 0.20 in 12 months time. In the long-term, the Armenia Inflation Rate MoM is projected to trend around 0.70 percent in 2020, according to our econometric models.