Armenia posts inflation rate for H1

RosBusinessConsulting, Russia
July 20 2005

RBC, 20.07.2005, Erevan 13:31:11.Armenia has reported the inflation
rate for the first half of this year. For the reported period, the
inflation rate was 1.4 percent according to data released by the
National Statistics Service. Armenia’s budget targeted half-year
inflation of 3 percent. Consumer prices rose 2.3 percent. In June
consumer prices shrank at a 1.4-percent monthly rate.

Producer prices jumped 11.6 percent in the reported period.