Armenian Minister of Finance Vache Gabrielyan forecasts 5-5.5 percent inflation in Armenia for the end of this year.

He considers this year`s inflation, 9.45%, too high. The Ministry of Finance officials believe that the policy of reducing budget deficit will curb price rise, as the deficit is a serious supply-promoting factor.

Armenian News-NEWS.am reminds readers that 4% (±1.5%) inflation has been budgeted for this year.