The annual inflation rate in Armenia eased to 4.4% in August 2026 from 4.5% in July, reaching its lowest level since May. Price growth slowed in several categories, including food and non-alcoholic beverages (6.4% vs 7.4% in July), clothing and footwear (3.6% vs 3.9%), furnishings, household equipment and routine maintenance (2.5% vs 2.7%), and communication (0.6% vs 1.1%). Prices for recreation and culture were unchanged after a 0.1% increase in July.
At the same time, prices accelerated for housing and utilities (1.4% vs 0.9%), health (3.5% vs 3.3%), miscellaneous goods and services (3.5% vs 3.3%), and restaurants and hotels (5% vs 4.9%). Transport costs also rebounded, rising 2.4% after a 1.2% decline in the previous month. Inflation was unchanged for alcoholic beverages and tobacco (7.5%) and education (8.3%). On a monthly basis, consumer prices increased 0.2% in August, reversing a 1.4% drop in July and ending a three-month streak of deflation.
