Consumer prices in Armenia increased 1.9 percent year-on-year in March of 2019, at the same pace as in the previous month. Prices for housing and utilities were flat (the same as in February) and cost went up at a softer pace health (1.6 percent from 2.9 percent). In addition, prices continued to fall for transport (-0.8 percent from -0.6 percent) and recreation & culture (-3.1 percent from -3.4). Meantime, inflation was unchanged for food and non-alcoholic beverages (at 3.4 percent). Conversely, cost quickened for alcoholic beverages & tobacco (4.4 percent from 3.9 percent); restaurants and hotels (2.7 percent from 2.3 percent); clothing & footwear (3.1 percent from 2.5 percent) and for miscellaneous goods and services (1.0 percent from 0.8 percent). On a monthly basis, consumer prices increased 0.1 percent, after a 0.6 percent gain in the prior month. Inflation Rate in Armenia averaged 611.13 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 1.90 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 2.50 in 12 months time. In the long-term, the Armenia Inflation Rate is projected to trend around 2.90 percent in 2020, according to our econometric models.

Armenia Inflation Rate
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Calendar GMT Actual Previous Consensus TEForecast
2019-01-10 02:00 PM Inflation Rate YoY 1.8% 1.8% 1.7%
2019-02-05 08:00 AM Inflation Rate YoY 0.6% 1.8% 1.9%
2019-03-05 09:00 AM Inflation Rate YoY 1.9% 0.8% 0.5%
2019-04-03 08:00 AM Inflation Rate YoY 1.9% 1.9% 2%
2019-05-06 08:00 AM Inflation Rate YoY 1.9%
2019-06-05 08:00 AM Inflation Rate YoY
2019-07-03 08:00 AM Inflation Rate YoY 1.9%


Armenia Prices Last Previous Highest Lowest Unit
Inflation Rate 1.90 1.90 22887.40 -5.52 percent [+]
Consumer Price Index CPI 131.59 131.58 131.59 0.03 Index Points [+]
Core Consumer Prices 100.08 100.04 101.46 99.44 Index Points [+]
Core Inflation Rate 1.40 2.60 7.60 -1.60 percent [+]
Producer Prices 101.60 99.70 108.70 89.70 Index Points [+]
Inflation Rate Mom 0.10 0.60 437.80 -5.50 percent [+]
Import Prices 98.50 107.20 123.50 85.50 Index Points [+]
Producer Prices Change 0.60 -2.60 12.50 -7.70 percent [+]
Food Inflation 3.40 1.70 7.90 -7.79 percent [+]
Export Prices 102.50 99.80 146.10 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 April of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
1.90 1.90 22887.40 -5.52 1993 - 2019 percent Monthly




Country Last Previous
Argentina 54.70 Mar/19
Australia 1.80 Dec/18
Brazil 4.58 Mar/19
Canada 1.90 Mar/19
China 2.30 Mar/19
Euro Area 1.40 Mar/19
France 1.10 Mar/19
Germany 1.30 Mar/19
India 2.86 Mar/19
Indonesia 2.48 Mar/19
Italy 1.00 Mar/19
Japan 0.50 Mar/19
Mexico 4.00 Mar/19
Netherlands 2.80 Mar/19
Russia 5.30 Mar/19
Saudi Arabia -2.20 Feb/19
Singapore 0.50 Feb/19
South Africa 4.50 Mar/19
South Korea 0.40 Mar/19
Spain 1.30 Mar/19
Switzerland 0.70 Mar/19
Turkey 19.71 Mar/19
United Kingdom 1.90 Mar/19
United States 1.90 Mar/19


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