25 September 2010 • 13:13 AMT
Does Armenian government combat inflation of stimulate it?
According to preliminary statistical data, Armenia’s GDP was 3.1% higher in January-August 2010 as compared with the same period in 2009. The RA National Statistical Service reported that GDP amounted to AMD 2,042,788,800,000. Besides, consumer prices were 7.7% higher in January-August 2010 as compared with the same period last year. The monthly inflation rate reached 1.3%.