Mon, 2 February
1.1 C
Yerevan
USD: 378.64 RUB: 4.98 EUR: 451.38 GEL: 140.77 GBP: 520.55

Inflation of 3.7% recorded in Armenia in October

YEREVAN, November 5. /ARKA/. In Armenia’s consumer market, 12-month inflation in October of this year amounted to 3.7%, according to a report from the Statistical Committee of Armenia (Armstat).

Furthermore, inflation in October compared to September was 0.3%.

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

Armenia’s 2025 state budget projects inflation at 3% (±1%). 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.

spot_img

POPULAR

Net inflow of money transfers to Armenia from abroad increased by 8.6% in 2025

The net inflow of cross-border remittances to individuals in Armenia, received from abroad through the Armenian banking system, amounted to $1.64 billion in January-December 2025, compared to $1.51 billion in January-December 2024, according to a report from the Central Bank.

EBRD invested record €426 million in Armenia in 2025

The European Bank for Reconstruction and Development (EBRD) invested a record €426 million in the Armenian economy in 2025 through 26 projects, the bank's press service reported.

Euro, USD, and ruble drop against Armenian dram

The average market exchange rate for the US dollar against the Armenian dram, as of January 29, 2026, fell by 0.46 points compared to January 29, to 378.64 drams.

Euro ups 3.39 points against Armenian dram

The average market exchange rate for the US dollar against the Armenian dram, formed on the Armenian foreign exchange market on January 29, 2026, increased by 0.24 points compared to January 26, reaching 379.1 drams.

Armenia Ranks Third in Russian Business Account Requests — NSV Consulting

In 2025, Russian business representatives expressed interest in opening accounts in more than 20 foreign jurisdictions.

LATEST NEWS

spot_imgspot_imgspot_img