At its November 2026 meeting, the Central Bank of Armenia raised its policy rate by 25 basis points to 7.0%, citing sustained inflationary pressures and robust domestic demand. This move brought the benchmark rate to its highest level since January 2025. The deposit rate was simultaneously increased to 5.5%, while the lending rate was raised to 8.5%.
Annual inflation in Armenia eased to 4.3% in September 2026, down from 4.4% in August, marking its lowest reading since May. Core inflation also inched lower, declining to 4.7% in September from 4.8% a month earlier.
