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July Inflation In Armenia Was 6.3%

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  • July Inflation In Armenia Was 6.3%

    July Inflation In Armenia Was 6.3%


    YEREVAN, August 20. / ARKA /. A 6.3% inflation was recorded in 2011
    July in Armenia if compared to the same period of time in 2010, the
    National Statistical Service of Armenia told ARKA. At the same time
    consumer prices in July dropped by 3% compared to June, it said.

    Economic activity growth in July compared to the same period in 2010
    rose by 7%, and by 13% compared to the previous month. The inflation
    rate this year envisaged by the government budget is 4% (± 1,5%). The
    GDP forecast is 4.6%. -0-

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