Inflation Armenia 2014
Average inflation: 3.0%
Current Inflation
Inflation is high at 3.0%, well above the ECB target.
Peak and Trough
The highest inflation was in January at 5.5%. The lowest inflation was in July at 0.4%.
- Highest month
- January: 5.5%
- Lowest month
- July: 0.4%
- Difference
- 5.1 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Energy with an average of 11.7%. The lowest price increase was in Food with an average of 1.7%.
- Highest increase
- Energy: 11.7%
- Lowest increase
- Food: 1.7%
Historical Context
Current inflation is 1.8% lower than the 5-year average of 4.8%.
- 5-year average
- 4.8%
- 10-year average
- 4.8%
- All-time high (2011)
- 7.7%
- All-time low (2012)
- 2.5%
Trend
Inflation has remained relatively stable. Compared to 2013, the difference is minimal (-2.8 percentage point).
- Change vs. previous year
- -2.8 percentage points
- Largest monthly swing
- August: -8.5 percentage points
ECB Target
Inflation is 1.0% above the ECB target of 2.0%. This means purchasing power is declining faster than intended.
Purchasing Power
At this inflation rate, purchasing power noticeably decreases. Without a salary increase, you can buy less with the same money.
What you could buy for €100 this year will cost approximately €103.00 next year at this inflation rate.
Multi-year trend
Monthly figures 2014
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2013 |
|---|---|---|
| January | 5.5% | +2.9 |
| February | 4.6% | +1.5 |
| March | 3.8% | +0.4 |
| April | 4.4% | +0.5 |
| May | 3.6% | -1.6 |
| June | 1.8% | -4.7 |
| July | 0.4% | -8.1 |
| August | 0.8% | -8.5 |
| September | 1.5% | -6.7 |
| October | 2.2% | -4.9 |
| November | 2.6% | -4.0 |
| December | 4.6% | -1.0 |
| Average | 3.0% |
Data source
Data from WorldBank. Last updated: 06/01/2026.