YEREVAN, April 4, /ARKA/. An independent economic expert Harutyun Mesrobian questioned today the Armenian government’s pledge to bring inflation down to 6% by yearend saying the rise of commodities prices at global market  and the staggering domestic agriculture will make it impossible.

Speaking at a news conference he said major trends will be determined by summer months and the agricultural yield,  as well as by global commodity prices, especially those of fuel and basic foodstuffs.

‘Having in mind that Armenia is an importing country, any change in  global prices will affect the inflation rate,’ Mesrobian said, adding also that a drop in global prices will, however,  have no downward impact on domestic prices.

Categories: Economy @en, General news, News, News of the hour | Comments Off on Independent expert questions government’s pledge to bring inflation down to 6%

Tags: Armenia, government, INFLATION, Mesrobian

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