In January-July Of 2007 Armenia's GDP Grew By 12,1%

[Tamamian Anna]

IN JANUARY-JULY OF 2007 ARMENIA'S GDP GREW BY 12,1%

Mediamax
Aug 20 2007
Armenia

Yerevan, August 20 /Mediamax/. The growth of Armenia's GDP in
January-July of 2007 totaled 12,1%, as compared to the same period
of 2006.

As the press service of the National Statistical Service of Armenia
told Mediamax today, the GDP volume in January-July of 2007 totaled
1287363.0mln drams.

The volume of industrial production in the republic in January-July
of 2007 stood at 388117.0mln drams, having increased by 1.3%, as
compared to the same period of 2006.

The average monthly salary in Armenia in January-July of 2007
increased by 19.8%, as compared to the same period of 2006, thus
making 72249 drams.

The salary of budget organizations has increased by 21.7%, making
53230 drams during the accounting period, and the salary of non-budget
organizations stood at 90170 drams (growth - 19.4%).