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Armenia Had 2% Inflation In Q1

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  • Armenia Had 2% Inflation In Q1

    ARMENIA HAD 2% INFLATION IN Q1

    Interfax
    March 2 2009
    Russia

    Armenia had 2% inflation in the first quarter of the year, the National
    Statistics Service reported.

    Consumer prices rose 1.4% in March. Food prices (excluding alcohol
    and tobacco) were up 1%, non-food prices increased 3.7% and the cost
    of services rose 1%.

    Armenia had 5.2% inflation in 2008.

    The IMF forecast in November that Armenia would have 5% inflation
    in 2009.

    From: Emil Lazarian | Ararat NewsPress
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