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.