Armenia's 12-month inflation rate hits 5.4%

Armenia’s 12-month consumer price inflation reached 5.4% in March this year, according to data from the Statistical Committee.

The latest figures show that the inflation rate in March was 0.7% lower than in the previous month.

In January- March 2023, the consumer price index increased by 0.3%, up by 1.2% from the same months of 2022.

Consumer prices fell by 1.3-0.1% in all Armenian cities and towns under monitoring in March this year compared to February, including in Yerevan where they decreased by 0.7%.