In its monetary policy program for the 4th quarter, 2010, the Central Bank of Armenia (CBA) forecasts a GDP growth of 2.4 to 2.7 per cent for this year, and a 4 to 5 per cent growth for next January-September. A growth of 6.5 to 8.5 per cent is expected in the industrial sector. An actual growth of 5 to 7 per cent is forecast for next year.
A price rise of 7.5 to 9.5 per cent was forecast for this year. However, a price rise within 5.5% is most likely to be registered during the period.
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