A deflation rate of three percent was recorded in Armenia last month, bringing deflation for the first eight months of 2002 to 3.6 percent, the National Statistics Service was quoted as saying by Interfax. Prices for consumer goods (not including services) fell 3.5 percent in August and 4.4 percent in the whole eight-month period. Prices for services dropped 0.2 percent in August, but rose 1.4 percent in the eight months. In the year to the end of August, prices for consumer goods fell 1.1 perce...


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