Core consumer prices in Armenia increased 8 percent in August of 2021 over the same month in the previous year. source: Central Bank of Armenia

Core Inflation Rate in Armenia averaged 3.14 percent from 2006 until 2021, reaching an all time high of 8.10 percent in July of 2021 and a record low of -1.60 percent in January of 2017. This page provides the latest reported value for - Armenia Core Inflation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Armenia Core Inflation Rate - values, historical data and charts - was last updated on October of 2021.

Core Inflation Rate in Armenia is expected to be 7.50 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 5.10 percent in 2022 and 2.40 percent in 2023, according to our econometric models.

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Armenia Core Inflation Rate


Armenia Last Unit Reference Previous Highest Lowest
Core Inflation Rate 8.00 percent Aug/21 8.10 8.10 -1.60
Core Consumer Prices 100.25 points Jul/21 100.30 101.46 99.44


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.