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November inflation stands at 0.1% in Armenia

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  • November inflation stands at 0.1% in Armenia

    Interfax, Russia
    Nov 28 2008


    November inflation stands at 0.1% in Armenia

    YEREVAN Nov 28


    Armenia's consumer prices have gone up by 0.1% in November, and by
    5.1% in January-November, the country's National Statistic Service
    said in a report.

    Prices for food products, including alcohol and tobacco, have dropped
    by 0.1% month-on-month in November, and prices for non-food
    commodities have declined by 1.7%. Tariffs for services have increased
    by 1.5%.

    The Armenian government forecasts this year's inflation at 4% plus or
    minus 1.5% percentage point. However, the International Monetary Fund
    expects inflation to total 7.5% in the republic.

    Consumer prices in Armenia grew by 6.6% in 2007.
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