The central bank reported slower activity but persistent demand pressures.
AI will summarize what happened, why it matters and what it means for business.
Armenia's central bank raised its policy rate by 0.25 percentage points to 7% on November 3, Armenian media reported, citing the regulator.
Economic activity slowed somewhat, but construction and services continued to support growth. The bank identified excess-demand pressures in consumer-goods imports and retail trade.
Risks include wage and service-price pressures as well as uncertainty surrounding exports to Russia. The central bank reaffirmed its medium-term inflation target of 3%.
The central bank reported slower activity but persistent demand pressures.
The central bank directs monetary policy towards a stated inflation objective. The target concerns price growth, not a fixed price for every purchase.
2 min →FinFly Newsroom. “Armenia raises policy rate to 7% amid inflation risks”. FinFly.news, November 3, 2026. URL: https://finfly.news/en/economy/cb-armenii-otmetil-zamedlenie-aktivnosti-i-povysil-stavku
