Armenia's c.bank cuts key refinancing rate to 8.25 pct from 8.5 pct

   

Annual deflation in the South Caucasus country was at 1.7 percent in February compared to 0.4 percent deflation in January, according to the central bank data. Monthly deflation in February was 1.4 percent compared to 2.2 percent inflation in January.

   

The government forecasts annual inflation within a range of 2.5-5.5 percent in 2016, the same as last year's target.