Consumer prices in Armenia were up 5.8 percent year-on-year in March, the National Statistics Committee said.

Inflation in March was 1 percent compared to a month earlier, while in the first quarter it was 5.2 percent year-on-year.

Armenian’s government projects annual inflation in a range of 2.5-5.5 percent in 2021. The economic growth projection is 3.2 percent.