22 Oct
2026
13° c YEREVAN
16° c STEPANAKERT
ABCMEDIA
Gas price hike will trigger a chain reaction of inflation, starting with bread

Gas price hike will trigger a chain reaction of inflation, starting with bread

Four EAEU member states have published a report outlining the economic consequences of Armenia's potential suspension of membership.

According to projections, GDP could decline by 15.6%, inflation could reach 14.9%, and gas prices could soar by about 69%.

The authorities and the opposition hold differing views on the legal grounds of the report and its potential implications. Is this an economic forecast or a political message to Yerevan?

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