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Year-On-Year Inflation In Armenia Recorded At 8.9% In April 2011

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  • Year-On-Year Inflation In Armenia Recorded At 8.9% In April 2011

    YEAR-ON-YEAR INFLATION IN ARMENIA RECORDED AT 8.9% IN APRIL 2011

    /ARKA/
    MAY 20, 2011
    YEREVAN

    YEREVAN, May 20. /ARKA/. Year-on-year inflation in Armenia was
    recorded at 8.9% in April 2011, the National Statistical Service of
    Armenia reports.

    Consumer prices went 0.2% down in April, compared with March.

    According to the statistical report, economic activity rose 7.7%
    in April 2011, compared with the same month a year earlier, and 4%
    compared with the previous month.

    In the 2011 government budget, inflation in Armenia is projected at 4%
    (±1.5%) and GDP growth at 4.6%.

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