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3.7% INFLATION EXPECTED IN ARMENIA IN 2007
ARKA News Agency, Armenia
Nov 13 2007
YEREVAN, November 13. /ARKA/. The International Monetary Fund (IMF)
forecasts 3.7% inflation in Armenia in 2007, with 8.6% average
inflation forecast in the countries of Middle East and Central Asia,
says the IMF Regional Economic Outlook: Middle East and Central
Asia issued in October. Armenia is one from the bottom among the
low-income countries - 3.7% inflation, with the average inflation in
the ten-country group being 9.2%.
The maximum price rise in expected in Yemen (12.5%), followed by
Uzbekistan (12.2%), Tajikistan (9.9%), Georgia (8.5%), Kyrgyzstan
(7%). Djibouti ranks last (3.5%).
In Azerbaijan and Kazakhstan, which are oil-exporting countries,
inflation is to reach 16.6% and 8.6% respectively. The average
inflation in this group of countries is 9.8% for 2007.
The IMF outlook contains inflation forecasts for 2008. According
to the forecasts, 4.9% inflation is expected in Armenia, with 7.9%
average inflation expected in the Middle East and Central Asia, and 8%
inflation expected in low-income countries.
The lowest inflation in the Commonwealth of Independent States (CIS)
was recorded in Armenia in January-September 2007.
3% inflation was recorded in Armenia in October 2007 compared to
December 2006. 4% (±1.5%) is budgeted in Armenia for this year.
--Boundary_(ID_fFlOzR0X0XrFCi4Bw9oA3g)--
ARKA News Agency, Armenia
Nov 13 2007
YEREVAN, November 13. /ARKA/. The International Monetary Fund (IMF)
forecasts 3.7% inflation in Armenia in 2007, with 8.6% average
inflation forecast in the countries of Middle East and Central Asia,
says the IMF Regional Economic Outlook: Middle East and Central
Asia issued in October. Armenia is one from the bottom among the
low-income countries - 3.7% inflation, with the average inflation in
the ten-country group being 9.2%.
The maximum price rise in expected in Yemen (12.5%), followed by
Uzbekistan (12.2%), Tajikistan (9.9%), Georgia (8.5%), Kyrgyzstan
(7%). Djibouti ranks last (3.5%).
In Azerbaijan and Kazakhstan, which are oil-exporting countries,
inflation is to reach 16.6% and 8.6% respectively. The average
inflation in this group of countries is 9.8% for 2007.
The IMF outlook contains inflation forecasts for 2008. According
to the forecasts, 4.9% inflation is expected in Armenia, with 7.9%
average inflation expected in the Middle East and Central Asia, and 8%
inflation expected in low-income countries.
The lowest inflation in the Commonwealth of Independent States (CIS)
was recorded in Armenia in January-September 2007.
3% inflation was recorded in Armenia in October 2007 compared to
December 2006. 4% (±1.5%) is budgeted in Armenia for this year.
--Boundary_(ID_fFlOzR0X0XrFCi4Bw9oA3g)--