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Premier: Armenia now entering deflation period
30.06.2011 17:07 YEGHEGNADZOR, June 30. /ARKA/. Armenia is now entering deflation period, which is expected to last two months, Armenian Prime Minister Tigran Sargsyan said Thursday at an out Cabinet session in Vayots Dzor province.

“We have recorded 3.5% inflation since the beginning of this year, but prices are expected to go down in July and August,” ARKA News Agency correspondent quoted him as saying.

According to official statistical reports, Armenia recorded 1.4% deflation in June, compared with May.

Prices for foods, alcoholic drinks and cigarettes fell 2.6% in June, while prices for nonfoods and services rose 0.1%. -0-

 2018-07-16 19:19:26 Mortgage lending program with lowest ever interest rates to be launched in Armenia soon – premier 2017-04-06 18:34:39 Armenian deflation keeps on in the first quarter 2017-01-11 17:47:06 Armenia closes 2016 with 1.4 percent deflation 2016-09-08 20:21:52 August deflation in Armenia was 1.9 percent 2016-07-08 18:27:09 Armenian central bank expects deflation to slow down in second half 2016-04-21 19:00:34 1.4% deflation in Armenia in Jan-March 2016 2013-06-03 14:51:22 Armenian Premier and WB Chief Executive discussed cooperation prospects 2013-04-30 17:01:09 Armenia posted 0.1% deflation in April 2013