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3.3% inflation recorded in Armenia in 1st Q 2018

YEREVAN, April 5. /ARKA/. Consumer prices in Armenia went 3.3% up in Jan-March 2018, compared with the same period a year before, the National Statistical Service of Armenia reports.

Prices for foods, spirits and tobacco products rose 4.2%, for nonfoods 4.4% and for services 1.4%.

In March 2018, compared with the previous month, consumer prices grew 0.1%, which was mainly due to a 0.3% increase in prices for nonfoods and services.

In March 2018, compared with March 2017, prices rose 3.7%.

In the government budget for 2018, inflation is projected at 4% (±1.5%). –0—-

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