// IP Marketing video - START// IP Marketing video - END

5.6% inflation registered in Armenia in 2015: CIA report

5.6% inflation registered in Armenia in 2015: CIA report

PanARMENIAN.Net - The U.S. Central Intelligence Agency (CIA) published a report on inflation rates (consumer prices) worldwide which compares the annual percent change in consumer prices with the previous year's consumer prices.

According to the report, Armenia posted a 5.6% inflation in 2015, to take the 44th spot. Official data, however, point to only 3.7% hike in consumer prices.

Venezuela registered the highest rates of inflation in 2015, with experts finding it difficult to even provide precise figures. Ukraine follows the South American nation with 49% inflation last year.

In a number of countries, on the contrary, the CIA has registered deflation, with Lebanon, the Northern Mariana Islands, Afghanistan, Greece and Switzerland reporting a drop in consumer prices.

 Top stories
Mountea, an Armenian company producing tea from the mountain herbs has begun to export its products to Russia.
20,149 optical-mechanical devices were manufactured in the reporting period against the 3,388 produced in the same period last year.
Yandex and Uber said they will join forces in the six countries to create a new company operating in some 127 cities.
“A more efficient and reliable energy distribution network is important for economic growth in Armenia”, - said Sonali Tang.
Partner news