4.5% Inflation Recorded in Armenia in July

Economy

YEREVAN, August 5. /ARKA/. Twelve-month inflation in the Armenian consumer market in July of this year was 4.5%, according to a report from the Statistical Committee.

Furthermore, deflation of 1.4% was observed in July compared to June of the same year.

At the same time, prices increased by 4.5% in January-July 2026 compared to the same period in 2025.

Armenia’s 2026 state budget projects inflation at 3% (±1%). According to the Central Bank’s monetary policy report for the second quarter of this year, inflation in Armenia is expected to be 4.4-3.3% by the end of 2026, depending on scenario (A-B), the forecast for 2027 is 3.5-3.1%, and for 2028 – 3.2-3.1%.

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