Cost of food in Armenia increased 7.50 percent in May of 2021 over the same month in the previous year. source: National Statistical Service of the Republic of Armenia

Food Inflation in Armenia averaged 0.75 percent from 2000 until 2021, reaching an all time high of 8.30 percent in April of 2021 and a record low of -7.79 percent in February of 2002. This page provides the latest reported value for - Armenia Food Inflation - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Armenia Food Inflation - values, historical data and charts - was last updated on August of 2021.

Food Inflation in Armenia is expected to be 4.40 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 2.00 in 12 months time. In the long-term, the Armenia Food Inflation is projected to trend around 2.40 percent in 2022, according to our econometric models.

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Armenia Food Inflation

Actual Previous Highest Lowest Dates Unit Frequency
7.50 8.30 8.30 -7.79 2000 - 2021 percent Monthly

Armenia Prices Last Previous Highest Lowest Unit
Inflation Rate 6.50 5.90 22887.40 -5.52 percent [+]
Consumer Price Index CPI 139.86 140.99 141.56 0.03 points [+]
Core Consumer Prices 100.24 100.29 101.46 99.44 points [+]
Core Inflation Rate 7.40 6.80 7.60 -1.60 percent [+]
Producer Prices 101.00 100.40 109.20 89.70 points [+]
Producer Prices Change 15.50 12.50 15.50 -7.70 percent [+]
Inflation Rate Mom -0.80 -0.40 437.80 -5.50 percent [+]
Import Prices 102.20 99.50 123.50 85.50 points [+]
Food Inflation 7.50 8.30 8.30 -7.79 percent [+]
Export Prices 107.20 99.40 146.10 73.00 points [+]