YEREVAN, July 2. /ARKA/. Armenia will come close to the planned inflation rate, 5.5%, this year, Vache Gabrielyan, deputy chairman of the Central Bank of Armenia, said Thursday in Yerevan, at the seventh bond congress of CIS and Baltic countries.
He said that inflation, which averaged 8.9% in the last decade, reached its record high, 8.9%, in the last ten years, after which it started subsiding.
Gabrielyan said that the year-on-year inflation was 5.8% in the first half of this year.
National Statistical Service of Armenia, Armenia enjoyed 0.8% deflation in June, compared with May, but suffered 5.8% inflation, compared with June 2009.
The year-on-year inflation reached 7.3% in Jan-June 2010. In the 2010 government budget, annual inflation is planned at 4% (±1.5%).-0–
