March 5, 2011 - 15:05 AMT
16:07 GMT
Predictably, the inflation rate continues growing in Armenia and, according to forecasts, it will approach 10% in the first half of 2011. According to the updated statistical data, 1.9% inflation rate was recorded in Armenia's consumer market in February compared to January 2011. The inflation is basically conditioned by 1.5% and 3.4% growth in prices for foodstuff (including alcoholic beverages and cigarettes) and tariffs for services respectively. Prices for non-foods also grew by 0.6% during the reporting period.