YEREVAN, November 4. \/ARKA\/. The slight rise in inflation to 3.7% is mainly influenced by demand factors, as stated by Martin Galstyan, the head of the Central Bank of Armenia.<\/p>\n\n\n\n
“Typically, central banks do not respond to this. Our main focus is on managing inflation driven by demand. We are experiencing robust economic growth alongside low inflation,” Galstyan remarked during a press conference on Tuesday.<\/p>\n\n\n\n
As per the Armstat report, the 12-month inflation rate in the Armenian consumer market was 3.7% in September of this year. Additionally, the National Statistics Committee reported that inflation in September rose by 0.3% compared to August.<\/p>\n\n\n\n
Simultaneously, prices saw a 3.3% increase from January to September 2025 compared to the same timeframe in 2024.<\/p>\n\n\n\n
The state budget of Armenia for 2025 anticipates inflation at 3% (\u00b11%). The Central Bank’s monetary policy report for the third quarter of this year predicts that inflation in Armenia will be between 4.1% and 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.<\/p>\n\n\n\n
The World Bank projects that inflation in Armenia will be 3.5% in 2025 and 4% in 2026. The IMF estimates that prices will rise by 3.3% in 2025 and 3% in 2026. The Asian Development Bank (ADB) anticipates inflation to be 2.5% in 2025. The Eurasian Development Bank (EDB) expects inflation to reach 3.1% by the end of this year.-0-<\/p>\n","protected":false},"excerpt":{"rendered":"
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