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EDB expects consumer price index in Armenia to drop to 1.1% in 2021 from 1.2% at the end of 2020

30.11.2020 18:03

EDB expects consumer price index in Armenia to drop  to 1.1% in 2021 from 1.2% at the end of 2020

YEREVAN ,November 30, /ARKA/ According to the  Eurasian Development Bank (EDB) Macroeconomic Forecast for 2020, the EDB expects inflation to slow down in 2021 in most countries in the region.

Thus, the growth rate of the consumer price index in Armenia will decrease to 1.1% (from 1.2% at the end of 2020), in Belarus to 5.5% (from 6.4%), in Kazakhstan to 5.3% (from 7.3%), in the Kyrgyz Republic to 5.2% (from 6.5%), in Russia to 3.5% (from 4.2%), and in Tajikistan to 5.3% (from 8.5%).

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