World Bank: inflation in Armenia hits 3.7% in september![]() October 21, 2025 - 16:49 AMT PanARMENIAN.Net - According to the World Bank’s latest monthly economic update on Armenia, inflation in September 2025 stood at 3.7% year-on-year, with a month-on-month increase of 0.1% compared to August. The report states that the rise was mainly due to higher prices for food and non-alcoholic beverages, which saw a 5.8% annual increase. Inflation was also influenced by price growth in health services (up 3.5%) and transportation (up 4.1%), both of which are key components of Armenia’s consumer basket, with health accounting for 18% of it. On September 16, the Central Bank of Armenia maintained its refinancing rate at 6.75% and signaled the start of a gradual reduction cycle, aiming to lower it to 6.25% within the next 12 months. Yerevan has dismissed Turkey’s demand to shut down the Armenian nuclear power plant as “inappropriate”. Armenia will loan 2.9 billion drams to Nagorno Karabakh (Artsakh), according to a draft government decision. The Ministry of Ecology and Natural Resources of Azerbaijan has “strongly condemned” Armenia’s decision. Kerobyan has said that for the first time in the history of Armenia, the volume of foreign direct investments amounted to about $1 billion. Partner news |