// 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
At a meeting with representatives of the tourism industry, Karayan said the sector is capable of creating inclusive added value.
The first stage of work on extending the life of Metsamor NPP for another 10 years until 2026 has also been performed.
This operation will help improve the country’s competitiveness and business environment, said World Bank Country Manager for Armenia.
The financing will be directed to energy efficiency, renewable energy, agribusiness, food processing, education and healthcare projects.
Partner news