Deputy Head of the Central Bank of Armenia, Armen Nurbekyan, stated that the so-called "Iranian shock" could add 1.2 to 1.7 percentage points to inflation. He announced this at the Doing Digital 2026 forum, where key challenges for the region's economy are being discussed.

According to him, the first reason is the increase in global oil prices, which is especially sensitive for an importing country. The second is the need to restructure logistics and use alternative supply routes, which inevitably increases business costs. The third factor he mentioned was the substitution effect, when more expensive or unavailable goods are replaced by others, often at a higher price.

Collectively, these factors create additional inflationary pressure and may affect the cost of goods and services in the near future. The country's economy is adapting to the new conditions, but the impact of external shocks remains significant.