A landlocked country with Turkey to the west and Georgia to the north, Armenia boasts a history longer than most other European countries.Situated along the route of the Great Silk Road, it has fallen within the orbit of a number of cultural influences and empires.fter independence from the Soviet Union in 1991, Armenia quickly became drawn into a bloody conflict with Azerbaijan over the mostly Armenian-speaking region of Nagorno-Karabakh.
PPI index data for capital equipment is used by the Department of Commerce to calculate the GDP deflator. The removal of food and energy prices is almost implicit in most media releases today, but investors should determine on their own what the long-term rates of growth are for these two important items.
The PPI release has three headline index figures, one each for crude, intermediate and finished goods on the national level: The core PPI figure is the main attraction, which is the finished goods index minus the food and energy components, which are removed because of their volatility. The PPI percentage change from the prior period and annual projected rate will be the most printed figure of the release.