Inflation Armenia 2017
Average inflation: 1.0%
Current Inflation
Inflation is low at 1.0%, below the ECB target of 2%.
Peak and Trough
The highest inflation was in December at 2.6%. The lowest inflation was in January at -0.7%.
- Highest month
- December: 2.6%
- Lowest month
- January: -0.7%
- Difference
- 3.3 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Food with an average of 4.1%. The lowest price increase was in Energy with an average of -4.7%.
- Highest increase
- Food: 4.1%
- Lowest increase
- Energy: -4.7%
Historical Context
Current inflation is 1.4% lower than the 5-year average of 2.4%.
- 5-year average
- 2.4%
- 10-year average
- 3.2%
- All-time high (2011)
- 7.7%
- All-time low (2016)
- -1.4%
Trend
Inflation shows a downward trend. Compared to 2016, inflation has fallen by +2.4 percentage point.
- Change vs. previous year
- +2.4 percentage points
- Largest monthly swing
- May: +3.7 percentage points
ECB Target
Inflation is 1.0% below the ECB target of 2.0%. Too low inflation may indicate economic weakness.
Purchasing Power
At this inflation rate, purchasing power gradually decreases. The impact on daily expenses is relatively limited.
What you could buy for €100 this year will cost approximately €101.00 next year at this inflation rate.
Multi-year trend
Monthly figures 2017
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2016 |
|---|---|---|
| January | -0.7% | -0.3 |
| February | -0.2% | +1.5 |
| March | -0.1% | +1.9 |
| April | 1.2% | +3.1 |
| May | 1.6% | +3.7 |
| June | 1.1% | +2.2 |
| July | 0.9% | +2.2 |
| August | 0.9% | +2.8 |
| September | 1.0% | +2.9 |
| October | 1.2% | +2.1 |
| November | 2.2% | +2.8 |
| December | 2.6% | +3.7 |
| Average | 1.0% |
Data source
Data from WorldBank. Last updated: 06/01/2026.