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No lower prices before New Year

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  • No lower prices before New Year

    news.am, Armenia
    Nov 27 2010


    No lower prices before New Year


    November 27, 2010 | 02:02

    In its monetary policy program for the 4th quarter, 2010, the Central
    Bank of Armenia (CBA) forecasts a GDP growth of 2.4 to 2.7 per cent
    for this year, and a 4 to 5 per cent growth for next
    January-September. A growth of 6.5 to 8.5 per cent is expected in the
    industrial sector. An actual growth of 5 to 7 per cent is forecast for
    next year.

    A price rise of 7.5 to 9.5 per cent was forecast for this year.
    However, a price rise within 5.5% is most likely to be registered
    during the period.




    From: A. Papazian
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