Armenia’s annual inflation eases to 4.3% in September
Armenia’s annual inflation was 4.3% in September 2026, with prices up 0.2% on August. According to the Statistical Committee of Armenia, annual inflation stood at 4.4% in August.
In January-September, prices rose 4.5% year on year and 2.2% on December 2025.
Food and non-alcoholic beverages rose 6.2% over the year. Meat prices increased 10.5%, adding 1.12 percentage points to annual inflation, and dairy, cheese and eggs 11%. Beef rose 21.5%, eggs 23.8% and lamb and mutton 15.6%. Fish and seafood fell 13.9%.
Compared with August, fruit fell 6.9% and vegetables rose 5.1%. Over the year, cabbage rose 78.8% and apples 22.9%.
Alcoholic beverages and tobacco rose 7.5%, restaurants and hotels 5.4%, and clothing and footwear 4.6%. Non-food prices increased 2.4% and service tariffs 2.9%. In September, education services rose 3.2% on August, while transport services fell 3.6%.
The dram strengthened 0.5% against the US dollar in September compared with August. The average dollar rate was AMD 363.6, against AMD 382.8 in September 2025.
| Goods and services | vs September 2025, % | vs August, % |
|---|---|---|
| Consumer price index, total | +4.3 | +0.2 |
| Food and non-alcoholic beverages | +6.2 | +0.1 |
| Alcoholic beverages, tobacco | +7.5 | +0.2 |
| Clothing and footwear | +4.6 | +0.4 |
| Housing, water, electricity, gas | +2.1 | +0.9 |
| Household goods and appliances | +2.2 | 0.0 |
| Health | +3.3 | −0.1 |
| Transport | +2.8 | −0.5 |
| Communication | +0.2 | +0.1 |
| Recreation and culture | +0.8 | +1.2 |
| Education | +3.2 | +3.2 |
| Restaurants and hotels | +5.4 | +0.2 |
| Miscellaneous goods and services | +2.9 | +0.2 |
Source: Statistical Committee of Armenia.
