Consumer prices in Armenia were up 8.9 percent year-on-year in September after 8.8 percent inflation in August, the Statistical Committee said.

Deflation in September was 0.1 percent compared to a month earlier when the consumer price index rose by 0.4 percent. In January-September, inflation was 6.7 percent year-on-year.

Armenia’s government projects annual inflation in a range of 2.5-5.5 percent in 2021. The economic growth projection was revised upwards to 6 percent from 3.2 percent.