In its recent board session, Central Bank of Armenia (CBA) made decision to leave re-financing rate on 5% level, CBA Press Service reports.
In September 2009, inflation rate increased by 0.7% compared to August. In annual terms, inflation rate recorded 0.2% growth, comprising 3.7%.
CBA board confirmed existence of moderate inflation pressures. Such developments, which go parallel with real GDP stabilization, have to a certain extent made internal inflation environment active.
Anticipating further economic activeness, CBA board finds that such re-financing rate maximum contributes to economy’s rapid recovery.
