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ARMENIA AFFECTED BY HIGHEST INFLATION GROWTH IN JANUARY IN CIS
/ARKA/
March 4, 2011
YEREVAN
YEREVAN, March 4, /ARKA/. An Armenian daily Hayots Ashkhar (Armenian
World) says in today's issue that Armenia was affected by the highest
inflation growth of 2.8% in the first month of 2011 among some other
former Soviet republics which make the Commonwealth of Independent
States (CIS). Moreover, the Armenian inflation is even higher than
in European Union member countries, it says.
The daily says in terms of inflation rate Armenia has left behind even
Kyrgyzstan that topped the list of CIS countries by this indicator. In
2010 the Central Asian nation was hit by a 20% inflation. In January
2011 it was 2.7%, by 0.1 p.p. less than in Armenia. The daily says it
is apparent that high inflationary pressure migrated from January into
February as well. Thus, over the first two months of 2011 consumer
goods prices rose by 4.8% and the inflation for the 12 months rose
to 12.4%, the highest rate in Armenia over the last 15 years.
From: A. Papazian
/ARKA/
March 4, 2011
YEREVAN
YEREVAN, March 4, /ARKA/. An Armenian daily Hayots Ashkhar (Armenian
World) says in today's issue that Armenia was affected by the highest
inflation growth of 2.8% in the first month of 2011 among some other
former Soviet republics which make the Commonwealth of Independent
States (CIS). Moreover, the Armenian inflation is even higher than
in European Union member countries, it says.
The daily says in terms of inflation rate Armenia has left behind even
Kyrgyzstan that topped the list of CIS countries by this indicator. In
2010 the Central Asian nation was hit by a 20% inflation. In January
2011 it was 2.7%, by 0.1 p.p. less than in Armenia. The daily says it
is apparent that high inflationary pressure migrated from January into
February as well. Thus, over the first two months of 2011 consumer
goods prices rose by 4.8% and the inflation for the 12 months rose
to 12.4%, the highest rate in Armenia over the last 15 years.
From: A. Papazian