A 2,4% growth in economic activity index in Armenia in October 2011 was reported as compared to the same period in 2010.

According to the National Statistical Service, the economic activity dropped 18% in October compared to September 2011. Inflation in October comprised 5,7% against the same period in 2010. Consumer prices grew by 0,3% in October against September 2011.

The national budget envisages 4,6% GDP growth and 4% (±1,5%) inflation for 2011.