In January-November Of 2007 Armenia's GDP Grew By 13,6%

[Talalian Arpi]

IN JANUARY-NOVEMBER OF 2007 ARMENIA'S GDP GREW BY 13,6%

The FINANCIAL
Dec 21 2007
Georgia

The FINANCIAL -- According to BANKS.AM, the growth of Armenia's GDP
in January-November of 2007 totaled 13,6%, as compared to the same
period of 2006.

As the press service of the National Statistical Service of Armenia
told Mediamax on December 20, the GDP volume in January-November of
2007 totaled 2711420.7mln drams.

The volume of industrial production in the republic in January-November
of 2007 stood at 644815.6mln drams, having increased by 2.7%, as
compared to the same period of 2006.

The average monthly salary in Armenia in January-November of 2007
increased by 20.5%, as compared to the same period of 2006, thus
making 82093 drams.

The salary of budget organizations has increased by 20.1%, making
55064 drams during the accounting period, and the salary of non-budget
organizations stood at 105252 drams (growth - 19.5%).