Core consumer prices in Armenia increased 4.70 percent in September of 2026 over the same month in the previous year. Core Inflation Rate in Armenia averaged 3.38 percent from 2006 until 2026, reaching an all time high of 10.50 percent in September of 2022 and a record low of -1.60 percent in January of 2017. source: Central Bank of Armenia

Core Inflation Rate in Armenia is expected to be 4.80 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Armenia Core Inflation Rate is projected to trend around 2.50 percent in 2027 and 2.00 percent in 2028, according to our econometric models.



Related Last Previous Unit Reference
Consumer Price Index CPI 167.25 166.92 points Sep 2026
Core Consumer Prices 100.37 100.55 points Sep 2026
Core Inflation Rate 4.70 4.80 percent Sep 2026
Export Prices 100.60 98.50 points Jul 2026
Food Inflation 6.20 6.40 percent Sep 2026
Import Prices 96.10 99.40 points Jul 2026
Inflation Rate YoY 4.30 4.40 percent Sep 2026
Inflation Rate MoM 0.20 0.20 percent Sep 2026
Producer Prices 140.40 139.80 points Sep 2026
PPI YoY 8.60 8.90 percent Sep 2026


Armenia Core Inflation Rate
In Armenia, the core inflation rate tracks changes in prices that consumers pay for a basket of goods which excludes some volatile price items.
Actual Previous Highest Lowest Dates Unit Frequency
4.70 4.80 10.50 -1.60 2006 - 2026 percent Monthly