YEAR-ON-YEAR INFLATION IN ARMENIA RECORDED AT 8.9% IN APRIL 2011

/ARKA/
MAY 20, 2011
YEREVAN

YEREVAN, May 20. /ARKA/. Year-on-year inflation in Armenia was
recorded at 8.9% in April 2011, the National Statistical Service of
Armenia reports.

Consumer prices went 0.2% down in April, compared with March.

According to the statistical report, economic activity rose 7.7%
in April 2011, compared with the same month a year earlier, and 4%
compared with the previous month.

In the 2011 government budget, inflation in Armenia is projected at 4%
(±1.5%) and GDP growth at 4.6%.