Armenia's 12-month inflation rate reaches 9.5%

Armenia’s 12-month inflation rate reached 9.5% in October this year, according to data from the Statistical Committee.

The latest figures show that the inflation rate in October was 0.3% higher than in the previous month.

In January-October 2022, the consumer price index increased by 0.6%, up by 0.4% from the same months of 2021.

Consumer prices rose by 0.1%-0.3% in all Armenian cities and towns under monitoring in October this year compared to September, including Yerevan where a relatively high inflation rate was recorded.