ArmInfo.The Central Bank of Armenia forecasts inflation at 2.5% by the end of 2020, which corresponds to the lower threshold of the acceptable range under the baseline scenario. Chairman of the Central Bank of the RA Martin Galstyan spoke about this on September
15 during a press conference. He noted that in August the annual inflation (compared to August 2019) was 1.8%, and the real inflation was 1.1%.
Regarding 2021, M. Galstyan noted that, according to the baseline scenario, inflation is expected to be within 1.7-2%.
To note, in the early April forecast of the World Bank in Armenia for 2020, inflation was expected at 3% with an increase in 2021 to 3.5% and reaching the target threshold of 4% in 2022.
