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BAGRAT ASATRYAN: REAL INFLATION RATE REACHED 10% IN ARMENIA LAST YEAR
PanARMENIAN.Net
June 4, 2010 - 14:44 AMT 09:44 GMT
Former chairman of the Central Bank of Armenia, Bagrat Asatryan,
said that the inflation rate in Armenia is much higher than it is
presented in the official statistical data.
"Real inflation is estimated by market data or GDP index-deflator,
which increased by 10% in May 2010, as compared with the same period
of 2009," Asatryan told journalists in Yerevan.
He added that prices for foodstuff are decreasing worldwide, while
in Armenia they continue growing. 1% inflation rate was recorded at
Armenia's consumer market in May as compared with April 2010.
Meanwhile, the index of consumer prices is 106.3% during the reporting
period as compared with May 2009.
From: A. Papazian
PanARMENIAN.Net
June 4, 2010 - 14:44 AMT 09:44 GMT
Former chairman of the Central Bank of Armenia, Bagrat Asatryan,
said that the inflation rate in Armenia is much higher than it is
presented in the official statistical data.
"Real inflation is estimated by market data or GDP index-deflator,
which increased by 10% in May 2010, as compared with the same period
of 2009," Asatryan told journalists in Yerevan.
He added that prices for foodstuff are decreasing worldwide, while
in Armenia they continue growing. 1% inflation rate was recorded at
Armenia's consumer market in May as compared with April 2010.
Meanwhile, the index of consumer prices is 106.3% during the reporting
period as compared with May 2009.
From: A. Papazian