5% INFLATION RECORDED IN ARMENIA IN JULY 2008

ARKA
Aug 20, 2008

YEREVAN, August 20. /ARKA/. National Statistical service of Armenia
says 4.5% inflation was recorded in Armenia in July 2008, compared
with December 2007.

Consumer prices grew 9.2% in the first half of 2008, compared with
the same period a year earlier.

Four-percent (±1.5%) inflation is planned in the 2008 state
budget.

–Boundary_(ID_a9tGMGN4zXJNqHLgFFUW mw)–