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Inflation In Armenia Hits 2.5% In 10 Months Of 2006

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  • Inflation In Armenia Hits 2.5% In 10 Months Of 2006

    INFLATION IN ARMENIA HITS 2.5% IN 10 M0NTH OF 2006

    RIA Novosti, Russia
    November 01, 2006

    YEREVAN, November 1 (RIA Novosti) - Inflation in Armenia during the
    first ten months of 2006 totaled 2.5%, the national statistics service
    said Wednesday.

    Prices in the South Caucasus state grew by an average 0.25% per month
    in January-October, compared to a 0.35% decline in same period of 2005.

    Consumer prices in October gained 0.4% month-on-month.

    In Armenia's state 2006 budget, inflation is forecast at 3%.
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