Inflation in Armenia will reach 2% by the end of 2024 and about 4% in 2025. This was stated by Chairman of the Central Bank of Armenia Martyn Galstyan at the session of the National Assembly during the discussion of the draft state budget for 2025 on November 12.

According to him, in October this year, compared to the same period of 2023, inflation amounted to 0.6%.

Galstyan reminded that the low inflation of the last year and a half, against the background of post-Kovid and post-war economic recovery, was supposed to counterbalance the high inflation of 2021-2022, and then against the background of significant inflows of relocants.