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Inflation in Armenia 0.8% in Sept, 0.6% for Q1-Q3

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  • Inflation in Armenia 0.8% in Sept, 0.6% for Q1-Q3

    Interfax, Russia
    Sept 30 2011


    Inflation in Armenia 0.8% in Sept, 0.6% for Q1-Q3

    YEREVAN. Sept 30


    Inflation was 0.8% in Armenia in September and 0.6% for
    January-September, Armenia's National Statistics Service reported.

    Food goods, including alcoholic beverages and tobacco, went up 1.2% in
    price in September, non-food items - 0.5%, and services - 0.1%.

    Over the nine months, the prices averaged up 0.1% a month versus 0.5%
    a year previously.

    As reported, at the beginning of this month the Armenian Central Bank
    lowered its inflation forecast for 2011 to 3%-5.5% from a previous
    5.5%-7.5%.

    The World Bank expects inflation in the country will be 5%-6% this
    year, the International Monetary Fund (IMF) 9.3%. The republic's 2011
    budget has inflation planned at 4% plus or minus 1.5%.

    Consumer prices rose 9.4% in Armenia last year.



    From: Emil Lazarian | Ararat NewsPress
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