Two-thirds of Armenia’s January inflation was driven by rising food and soft drink prices – WB

YEREVAN, February 17. /ARKA/. Two-thirds of the inflation was driven by a 5.9% increase in food and soft drink prices, according to the World Bank’s “Armenia Monthly Economic Update – February 2026.”

“The remainder was driven by inflation on alcoholic beverages (9%), healthcare (3%), transportation (4.3%), and education (8.3%),” the study states.

According to Armstat, 12-month inflation in the Armenian consumer market (January 2026 compared to January 2025) was 3.8%. Armenia’s 2026 state budget projects inflation at 3% (±1%). According to the Central Bank’s monetary policy report for the fourth quarter of last year, inflation in Armenia is expected to be 3.8-2.6% by the end of 2026, depending on scenario (A-B), and the forecast for 2027 is 3.3-2.8%.

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