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Russia & CIS Business and Financial Newswire
December 3, 2007 Monday
Inflation in Armenia at 2.1% in Nov
YEREVAN Dec 3
Consumer price inflation in Armenia was 2.1% in November, bringing
inflation in the first eleven months of 2007 to 4.2%, the National
Statistics Service reported.
Prices in November jumped 3% for foodstuffs, including alcoholic
beverages and tobacco, while prices for non-food goods dropped 1.2%
and prices for services went up 0.9%.
Central Bank chief Tigran Sarkisian was reported as saying earlier
that inflation could exceed the targeted 2.5-5.5%, and reach as high
as 7.5% this year.
Inflation was 5.2% in 2006.
December 3, 2007 Monday
Inflation in Armenia at 2.1% in Nov
YEREVAN Dec 3
Consumer price inflation in Armenia was 2.1% in November, bringing
inflation in the first eleven months of 2007 to 4.2%, the National
Statistics Service reported.
Prices in November jumped 3% for foodstuffs, including alcoholic
beverages and tobacco, while prices for non-food goods dropped 1.2%
and prices for services went up 0.9%.
Central Bank chief Tigran Sarkisian was reported as saying earlier
that inflation could exceed the targeted 2.5-5.5%, and reach as high
as 7.5% this year.
Inflation was 5.2% in 2006.