15/04/2011 12:55
IMF predicts lower inflation rate in Armenia
IMF Resident Representative in Armenia Guillermo Tolosa expects stabilization of prices in Armenia’s domestic market.
“We predict that the inflation rate will decrease at fast pace, with world food and fuel prices falling. We expect domestic prices to stabilize and price growth to stop,” G. Tolosa told reporters.
The IMF official also expects lower inflation rate thanks to favorable agricultural conditions.