YEREVAN, December 3. /ARKA/. In November, the inflation rate over the past 12 months in the Armenian consumer market reached 3.1%, as reported by the Statistical Committee (Armstat).
Additionally, inflation in November was 0.6% higher compared to October. Meanwhile, prices rose by 3.3% from January to November 2025 when compared to the same timeframe in 2024.
The Armenian state budget for 2025 anticipates an inflation rate of 3% (±1%). The Central Bank projects that inflation in Armenia could range from 4.1% to 3.7% by the end of 2025, depending on different scenarios (A-B), with forecasts of 3.7% to 3.2% for 2026 and 3% for 2027.
The World Bank predicts an inflation rate of 3.5% for 2025 and 4% for 2026. The IMF estimates that prices in Armenia will increase by 3.3% in 2025 and 3% in 2026. The Asian Development Bank (ADB) forecasts an inflation rate of 2.5% for 2025. Meanwhile, the Eurasian Development Bank (EDB) expects inflation to be 3.1% by the end of this year.-0-
