MP forecasts inflation rise amid global price upsurge![]() August 28, 2012 - 16:27 AMT PanARMENIAN.Net - Low inflation rate recorded in Armenia in Jan-July 2012 (2,3%) may be affected by the trends in world food markets, head of the National Assembly Standing Committee on Financial-Credit, Budgetary Affairs said. Gagik Minasyan stressed the role of the low inflation rate in the face of possible price upsurge in international markets due to poor harvest. In this context, he forecast that the negative tendency would affect Armenia as well over the lack of certain crops in the country. Mr. Minasyan further voiced confidence for the low inflation to retain the 4±1,5% rate. Partner news Zvartnots airport will host a press conference on May 24 on the operation of Tel Aviv-Yerevan- Tel Aviv flights. “The increase for energy tariffs is prompted by a price hike for gas used in production,” Garegin Baghramyan said. Earlier, ArmRosgazprom CJSC addressed Armenia’s Public Services Regulatory Commission with an offer to reconsider natural gas prices. Finance Minister linked the step with the collection of air taxes. He further noted that lawsuits were filed by other lenders, too. Partner news |