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Armenia posts 0.7% deflation in September

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  • Armenia posts 0.7% deflation in September

    Armenia posts 0.7% deflation in September

    05.10.2004

    Yerevan. (Interfax) - Armenia posted 0.7% consumer price deflation in
    the month of September, the country's state statistics committee told
    Interfax.

    Prices for food goods including alcohol and cigarettes dropped 1.1% in
    September and prices for non-food items remained flat. Service prices
    dropped 0.1% in September.

    The government said inflation was 7.9% in September 2003-September
    2004. Prices for food goods including alcohol and cigarettes grew
    11.2% in the period, non-food prices 0.7% and service prices 1.6%.

    Consumer prices grew 8.6% in 2003.
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