Armenia Had 2% Inflation In Q1

Emil Lazarian News

ARMENIA HAD 2% INFLATION IN Q1

Interfax
March 2 2009
Russia

Armenia had 2% inflation in the first quarter of the year, the National
Statistics Service reported.

Consumer prices rose 1.4% in March. Food prices (excluding alcohol
and tobacco) were up 1%, non-food prices increased 3.7% and the cost
of services rose 1%.

Armenia had 5.2% inflation in 2008.

The IMF forecast in November that Armenia would have 5% inflation
in 2009.

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