Inflation Armenia 2011
Average inflation: 7.7%
Current Inflation
Inflation is very high at 7.7%, far above the ECB target.
Peak and Trough
The highest inflation was in March at 11.5%. The lowest inflation was in December at 4.7%.
- Highest month
- March: 11.5%
- Lowest month
- December: 4.7%
- Difference
- 6.8 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Food with an average of 12.3%. The lowest price increase was in Energy with an average of 3.3%.
- Highest increase
- Food: 12.3%
- Lowest increase
- Energy: 3.3%
Historical Context
Current inflation is around the 5-year average of 7.7%. This approaches the highest level since records began (7.7% in 2011).
- 5-year average
- 7.7%
- 10-year average
- 7.7%
- All-time high (2011)
- 7.7%
- All-time low (2011)
- 7.7%
Trend
ECB Target
Inflation is 5.7% above the ECB target of 2.0%. This means purchasing power is declining faster than intended.
Purchasing Power
At this high inflation rate, purchasing power rapidly decreases. This has a major impact on households, especially without adequate salary increases.
What you could buy for €100 this year will cost approximately €107.70 next year at this inflation rate.
Multi-year trend
Monthly figures 2011
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation |
|---|---|
| January | 10.3% |
| February | 11.4% |
| March | 11.5% |
| April | 8.9% |
| May | 9.0% |
| June | 8.5% |
| July | 6.3% |
| August | 4.8% |
| September | 6.2% |
| October | 5.7% |
| November | 4.8% |
| December | 4.7% |
| Average | 7.7% |
Data source
Data from WorldBank. Last updated: 06/01/2026.