Inflation In Armenia Hits 2.5% In 10 Months Of 2006

INFLATION IN ARMENIA HITS 2.5% IN 10 M0NTH OF 2006

RIA Novosti, Russia
November 01, 2006

YEREVAN, November 1 (RIA Novosti) – Inflation in Armenia during the
first ten months of 2006 totaled 2.5%, the national statistics service
said Wednesday.

Prices in the South Caucasus state grew by an average 0.25% per month
in January-October, compared to a 0.35% decline in same period of 2005.

Consumer prices in October gained 0.4% month-on-month.

In Armenia’s state 2006 budget, inflation is forecast at 3%.