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variables
term technology shocks41. Periods of rapid inflation before inflation targeting are associated
with loose monetary policy, and inflation spikes in 2014–2015 and 2022
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06.02.2025
money market funds and deposits (both ruble- and foreign currency-denominated ones) exceeded inflation.
In January, the trend changed when the highest return was received on
schedule 13
26-28 November 2025
Web Scraping as a Tool for Real-Time
Inflation Assessment by the Central Bank
of Armenia Using R Software
Central Bank
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05.02.2025
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The growth rate of consumer prices and inflation expectations stay high. Economic activity was increasing in December 2024—January 2025,
transmission of fiscal impulse to inflation
Consumption Positive output
Fiscal impulse and investment Inflation
gap
(fiscal multiplier)
Active monetary Inflation
Key rate
policy above the
2025
INFLATION RATE INCORPORATED IN BUSINESS PLANS
Participants in the monitoring mainly based their 2025 business plans on the assumption of the
average annual inflation
higher market rates constrain demand and inflation, while lower ones
stimulate them. In addition to monetary policy and demand, inflation and financial market trends are
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21.01.2025
on the conditions of monetary policy implementation was published in Quarterly Inflation Reviews.
Quarterly Inflation Review
I quarter 2012 IV quarter 2011 III quarter 2011
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20.01.2025
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In December, seasonally adjusted inflation accelerated. Most measures of underlying price growth, including core inflation, were up. This suggests that the rise
contributed to inflation in November. However, volatile components
and temporary factors were not the only drivers of inflation. Most of the
underlying inflation measures reached