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Inflation of 3.7% recorded in Armenia in September

YEREVAN, October 3. /ARKA/. In the Armenian consumer market, 12-month inflation in September of this year amounted to 3.7%, according to a report from the National Statistical Committee (NSC) of Armenia.

Moreover, according to the NSC, inflation in September compared to August was 0.3%.

At the same time, prices increased by 3.3% in January-September 2025 compared to the same period in 2024.

Inflation is projected at 3% (±1%) in the 2025 state budget of Armenia. According to the Central Bank’s monetary policy report for the third quarter of this year, inflation in Armenia is expected to be 4.1-3.7% by the end of 2025, depending on scenarios (A-B), with a forecast of 3.7-3.2% for 2026 and 3% for 2027.

The World Bank expects inflation in Armenia to be 3.5% in 2025 and 4% in 2026. The IMF forecasts prices in Armenia to grow by 3.3% in 2025 and 3% in 2026. The Asian Development Bank (ADB) forecasts inflation in Armenia to be 2.5% in 2025. The Eurasian Development Bank (EDB) expects inflation in Armenia to be 3.1% by the end of this year.

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