Inflation Armenia 2018
Average inflation: 2.5%
Current Inflation
Inflation is normal at 2.5%, around the ECB target.
Peak and Trough
The highest inflation was in March at 3.7%. The lowest inflation was in June at 0.9%.
- Highest month
- March: 3.7%
- Lowest month
- June: 0.9%
- Difference
- 2.8 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Food with an average of 2.4%. The lowest price increase was in Energy with an average of 0.2%.
- Highest increase
- Food: 2.4%
- Lowest increase
- Energy: 0.2%
Historical Context
Current inflation is 0.7% higher than the 5-year average of 1.8%.
- 5-year average
- 1.8%
- 10-year average
- 3.1%
- All-time high (2011)
- 7.7%
- All-time low (2016)
- -1.4%
Trend
Inflation shows an upward trend. Compared to 2017, inflation has risen by +1.5 percentage point.
- Change vs. previous year
- +1.5 percentage points
- Largest monthly swing
- March: +3.8 percentage points
ECB Target
Inflation is 0.5% 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 €102.50 next year at this inflation rate.
Multi-year trend
Monthly figures 2018
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2017 |
|---|---|---|
| January | 2.9% | +3.6 |
| February | 3.3% | +3.5 |
| March | 3.7% | +3.8 |
| April | 2.4% | +1.2 |
| May | 1.6% | 0.0 |
| June | 0.9% | -0.2 |
| July | 2.3% | +1.4 |
| August | 3.3% | +2.4 |
| September | 3.5% | +2.5 |
| October | 2.8% | +1.6 |
| November | 1.8% | -0.4 |
| December | 1.8% | -0.8 |
| Average | 2.5% |
Data source
Data from WorldBank. Last updated: 06/01/2026.