  Bagrat Asatryan: real inflation rate reached 10% in Armenia last year June 4, 2010 - 14:44 AMT PanARMENIAN.Net - Former chairman of the Central Bank of Armenia, Bagrat Asatryan, said that the inflation rate in Armenia is much higher than it is presented in the official statistical data. “Real inflation is estimated by market data or GDP index-deflator, which increased by 10% in May 2010, as compared with the same period of 2009,” Asatryan told journalists in Yerevan. He added that prices for foodstuff are decreasing worldwide, while in Armenia they continue growing. 1% inflation rate was recorded at Armenia’s consumer market in May as compared with April 2010. Meanwhile, the index of consumer prices is 106.3% during the reporting period as compared with May 2009.   Top stories Yerevan has dismissed Turkey’s demand to shut down the Armenian nuclear power plant as “inappropriate”. Armenia will loan 2.9 billion drams to Nagorno Karabakh (Artsakh), according to a draft government decision. The Ministry of Ecology and Natural Resources of Azerbaijan has “strongly condemned” Armenia’s decision. Kerobyan has said that for the first time in the history of Armenia, the volume of foreign direct investments amounted to about $1 billion.   Partner news |  Latest news Narek Manasyan wins European Boxing Championships silver for Armenia  Armenia’s Narek Manasyan (92kg) won Armenia’s second silver medal at the European Boxing Championships 2024 on April 28.Blinken urges Azerbaijan to continue negotiations with Armenia Secretary of State Antony J. Blinken has urged Azerbaijani President Ilham Aliyev to continue negotiations with Armenia.Pashinyan, Blinken talk Armenia-U.S. ties over the phone Prime Minister Nikol Pashinyan had a phone conversation with US Secretary of State Antony Blinken on April 28, Pashinyan’s office reports.Titus, Bilirakis lead legislation to sanction Azerbaijani war criminals Representatives Dina Titus (D-NV) and Gus Bilirakis (R-FL) have introduced the bipartisan legislation. |
