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ARMENIA'S GDP GROWS 11 PERCENT IN QUARTER ONE
ARMENPRESS
Apr 23 2007
YEREVAN, APRIL 23, ARMENPRESS: Armenia's Gross Domestic Product
(GDP) rose 11 percent in the first quarter of 2007 from a year ago to
311.5 billion Drams, the country's national statistical service said
yesterday. It said the industrial output amounted to 152.3 billion
Drams, up 4.3 percent from a year ago.
In the first three months Armenian power generating facilities produced
1.6 billion kilowatt/hour electricity, up 0.7 percent from a year ago.
Agricultural GDP rose 2.2 percent from a year ago to 44 billion
Drams. Construction sector growth rose 16 percent to 32.2 billion
Drams.
The statistical service also said retail trade amounted to 159 billion
Drams, up 8 percent as opposed to the first quarter of 2006. It also
said the unemployment rate went down 6 percent with 86,000 officially
registered jobless people.
The average wage was 69,000 Drams, up 20 percent from a year
ago. Public sector average wage was 52,300 Drams and private sector
was 86,400 Drams The growth was 17 and 22 percent respectively.
ARMENPRESS
Apr 23 2007
YEREVAN, APRIL 23, ARMENPRESS: Armenia's Gross Domestic Product
(GDP) rose 11 percent in the first quarter of 2007 from a year ago to
311.5 billion Drams, the country's national statistical service said
yesterday. It said the industrial output amounted to 152.3 billion
Drams, up 4.3 percent from a year ago.
In the first three months Armenian power generating facilities produced
1.6 billion kilowatt/hour electricity, up 0.7 percent from a year ago.
Agricultural GDP rose 2.2 percent from a year ago to 44 billion
Drams. Construction sector growth rose 16 percent to 32.2 billion
Drams.
The statistical service also said retail trade amounted to 159 billion
Drams, up 8 percent as opposed to the first quarter of 2006. It also
said the unemployment rate went down 6 percent with 86,000 officially
registered jobless people.
The average wage was 69,000 Drams, up 20 percent from a year
ago. Public sector average wage was 52,300 Drams and private sector
was 86,400 Drams The growth was 17 and 22 percent respectively.