Armenia Posts 1.2% Deflation In June

Emil Lazarian News

ARMENIA POSTS 1.2% DEFLATION IN JUNE
Interfax News Agency
Russia & CIS Business and Financial Newswire
July 3, 2006 Monday 11:24 AM MSK
Armenia had deflation of 1.2% in June but inflation of 4.3% in the
first half of 2006, the national statistics service told Interfax.
Foodstuffs fell 2.1% and services 0.2% in June, however nonfood goods
rose 0.3%.
Average monthly price growth was 0.7% in January-June, which was 0.5
percentage points higher than in the same period of last year.
Armenia had 0.2% deflation in 2005. An additional 70 goods have been
included in then consumer basket since then.
From: Emil Lazarian | Ararat NewsPress

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Emil Lazarian

“I should like to see any power of the world destroy this race, this small tribe of unimportant people, whose wars have all been fought and lost, whose structures have crumbled, literature is unread, music is unheard, and prayers are no more answered. Go ahead, destroy Armenia . See if you can do it. Send them into the desert without bread or water. Burn their homes and churches. Then see if they will not laugh, sing and pray again. For when two of them meet anywhere in the world, see if they will not create a New Armenia.” - WS