Head of commission: average inflation rate at 2.6% in Armenia in 2012

Head of commission: average inflation rate at 2.6% in Armenia in 2012

YEREVAN, January 29. /ARKA/. Average inflation rate was 2.6% in Armenia in 2012, head of parliament commission for finance, credit and budget issues, member of the ruling Republican Party of Armenia Gagik Minasyan told journalists Saturday.

“It is a most important indicator as containing inflation was a most important task of our economic activity since high economic growth depends on inflation”, Minasyan said.

The planned inflation was 4(±1.5)% for 2012, he added.

The head of the commission stressed that average wages grew by 5% to 121,000 drams, which means it exceeded the inflation levels.–0-

11:10 29.01.2013

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