Interfax, Russia
Nov 28 2008

November inflation stands at 0.1% in Armenia


Armenia's consumer prices have gone up by 0.1% in November, and by
5.1% in January-November, the country's National Statistic Service
said in a report.

Prices for food products, including alcohol and tobacco, have dropped
by 0.1% month-on-month in November, and prices for non-food
commodities have declined by 1.7%. Tariffs for services have increased
by 1.5%.

The Armenian government forecasts this year's inflation at 4% plus or
minus 1.5% percentage point. However, the International Monetary Fund
expects inflation to total 7.5% in the republic.

Consumer prices in Armenia grew by 6.6% in 2007.