ARMENIAN PREMIER ATTRIBUTES PRICE RISE TO GLOBAL PROCESSES
ARKA
March 14, 2008
YEREVAN, March 14. /ARKA/. RA Prime Minister Serge Sargsyan believes
that the rise in prices being recorded in the county is the result
of processes on the world markets.
Responding to the questions asked to him by means of Internet during
his TV interview, Sargsyan stated that the RA Minister of Trade and
Economic Development Nerses Yeritsyan and Chairman of RA Commission
for Protection of Economic Competition Ashot Shahnazaryan reported
the price situation at the RA Government’s sitting.
The Premier added that the relevant information will soon be provided
to the population on television.
Sargsyan also reported that the AMD exchange rate has remained stable
over the last three months.
In February 2008, 3.4% inflation was recorded in Armenia as compared
with last December, with 1.1% inflation recorded in February as
compared with January 2008. As a result, 7.5% annual inflation
(February 2007 to February 2008) was recorded in the country.
4% (±1.5%) inflation is budgeted in Armenia for 2008.
–Boundary_(ID_FWHL7TPIEDywzM8yMPZvEQ)–