Armenia Rated Third In Price-Fall

ARMENIA RATED THIRD IN PRICE-FALL

News.am
11:37 / 09/28/2009

As of January-August 2009, Armenia is rated number six on the
post-Soviet area in the consumer price growth, BelaPAN informs
referring to Belarus national statistics services.

In terms of consumer price growth, Belarus was in the lead in first
quarter 2009, Ukraine in April, and Russia became the number one
in June.

>From the beginning of 2009, prices jumped 8.2% in Ukraine, 8.1%
in Russia, and 7.5% in Belarus.

In terms of deflation as of August 2009, prices in Armenia registered
0.4% decrease, making the country third among the post-Soviet countries
in the price-decrease rating.

Moldova registered the largest (1.1%) decrease in the consumer
prices, whereas Latvia – 1%. As of the accounted period, inflation
was registered neither in Russia nor in Estonia.