09.03.2004 09:02:00 GMT
Armenia posts deflation of 0.6% in Feb
Yerevan. (Interfax) – Consumer prices in Armenia fell 0.6% in
February, owing to a seasonal drop in prices for food and tobacco and
a 0.1%-decrease in service charges, the National Statistical Service
told Interfax.
Nonfood prices were unchanged in February, the service said.
Armenia had inflation of 2.5% in January 2004 and 8.6% in the whole of
2003. The government is targeting inflation of not more than 3% this
year as a whole.
Disclaimer: This article was contributed and translated into English by Tatoyan Vazgen. While we strive for quality, the views and accuracy of the content remain the responsibility of the contributor. Please verify all facts independently before reposting or citing.
Direct link to this article: https://www.armenianclub.com/2004/03/16/armenia-posts-deflation-of-0-6-in-feb/