Yerevan /Mediamax/. According to the forecasts of the World Bank, economic decline in Armenia following the results of the year will make 12-14%.

As the Head of WB Yerevan Office Aristomene Varoudakis stated at a news conference today, in July, as compared to June, growth was registered in a number of spheres, in particular, in the spheres of construction, industry, power generation.

“One gets the impression that decline in Armenian economy is stopping and the growth of world prices for copper and molybdenum also contributes to this”, Aristomene Varoudakis stated.

According to WB forecasts, inflation in Armenia will make 6% following the results of the year.