Inflation Armenia 2016
Average inflation: -1.4%
Current Inflation
There is deflation with consumer prices declining by 1.4%.
Peak and Trough
The highest inflation was in January at -0.4%. The lowest inflation was in May at -2.1%.
- Highest month
- January: -0.4%
- Lowest month
- May: -2.1%
- Difference
- 1.7 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Energy with an average of 2.5%. The lowest price increase was in Food with an average of -3.2%.
- Highest increase
- Energy: 2.5%
- Lowest increase
- Food: -3.2%
Historical Context
Current inflation is 4.1% lower than the 5-year average of 2.7%.
- 5-year average
- 2.7%
- 10-year average
- 3.6%
- All-time high (2011)
- 7.7%
- All-time low (2016)
- -1.4%
Trend
Inflation shows a downward trend. Compared to 2015, inflation has fallen by +5.1 percentage point.
- Change vs. previous year
- -5.1 percentage points
- Largest monthly swing
- March: -7.8 percentage points
ECB Target
Inflation is 3.4% below the ECB target of 2.0%. Too low inflation may indicate economic weakness.
Purchasing Power
Due to deflation, purchasing power increases. Money becomes more valuable instead of less.
What you could buy for €100 this year will cost approximately €98.60 next year at this inflation rate.
Multi-year trend
Monthly figures 2016
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2015 |
|---|---|---|
| January | -0.4% | -4.6 |
| February | -1.7% | -7.1 |
| March | -2.0% | -7.8 |
| April | -1.9% | -6.7 |
| May | -2.1% | -7.2 |
| June | -1.1% | -6.6 |
| July | -1.3% | -5.5 |
| August | -1.9% | -5.5 |
| September | -1.9% | -5.2 |
| October | -0.9% | -2.8 |
| November | -0.6% | -1.8 |
| December | -1.1% | -1.0 |
| Average | -1.4% |
Data source
Data from WorldBank. Last updated: 06/01/2026.