What gets published
All-items year-on-year and month-on-month CPI for Armenia, published in the monthly bulletin.
Food, housing, transport, clothing, health, education — each major COICOP group with its individual rate.
The CPI index level (base period = 100), enabling cumulative inflation calculations across any period.
How to read it
Food and non-alcoholic beverages make up ~35% of Armenia's CPI basket. The food component reading often determines whether the headline beats or misses expectations.
Basket →Armenia imports most of its fuel. Transport and utilities together account for about 15% of the basket and are highly sensitive to oil prices and the dram exchange rate.
Exchange rate pass-through →The Central Bank of Armenia targets 4% CPI (±1.5 pp band). A reading below 3.5% or above 5.5% would typically prompt a policy response discussion at the next board meeting.
Inflation target →On the day
December 2026 · times in AMTFull CPI bulletin including component breakdown published on armstat.am.
Explorer updated with November figures. Compare Armenia to all other countries in the chart.
November CPI in context: disinflation progress, key components, and CBA policy implications.