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Armenia Rated Third In Price-Fall

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  • Armenia Rated Third In Price-Fall

    ARMENIA RATED THIRD IN PRICE-FALL

    News.am
    11:37 / 09/28/2009

    As of January-August 2009, Armenia is rated number six on the
    post-Soviet area in the consumer price growth, BelaPAN informs
    referring to Belarus national statistics services.

    In terms of consumer price growth, Belarus was in the lead in first
    quarter 2009, Ukraine in April, and Russia became the number one
    in June.

    >From the beginning of 2009, prices jumped 8.2% in Ukraine, 8.1%
    in Russia, and 7.5% in Belarus.

    In terms of deflation as of August 2009, prices in Armenia registered
    0.4% decrease, making the country third among the post-Soviet countries
    in the price-decrease rating.

    Moldova registered the largest (1.1%) decrease in the consumer
    prices, whereas Latvia - 1%. As of the accounted period, inflation
    was registered neither in Russia nor in Estonia.
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