YEREVAN, February 24. /ARKA/. Inflation in Armenia rose to 1.7 percent (yoy) in January 2025, the highest yoy rate since April 2023, acording to the World Bank’s “Armenia Monthly Economic Update – February 2024”.
This was mainly driven by a 2.5 percent (yoy) rise in food and non-alcoholic beverage prices, up from 2 percent in December. Both transport and healthcare prices rose 3.2 percent (yoy), contributing to the rise in inflation. On February 4, 2025, the CBA Board lowered the policy rate by 25 basis points, to 6.75 percent. A new 3 percent (+/–1 pp) inflation target was adopted in January.
The WB expects inflation in Armenia to be 3.5% in 2025 and 4% in 2026. -0-.
