Announcement

Collapse
No announcement yet.

Double Digit Growth Continues

Collapse
X
 
  • Filter
  • Time
  • Show
Clear All
new posts

  • Double Digit Growth Continues

    DOUBLE-DIGIT GROWTH CONTINUES

    ARMENPRESS
    Dec 21, 2007

    YEREVAN, DECEMBER 21, ARMENPRESS: Armenia's economy continued its
    double-digit growth and according to the country's statistical service,
    it rose 13.6 percent in January-November.

    The highest growth rates was again reported by construction and
    services sectors - 19% and 20.8% respectively.

    The industrial growth was lower-2.7% only, but experts say the figure
    is stable with a slight growth trend seen in November.

    Power generation not counted, the industrial growth was 1.7%, and
    diamond cutting excluded it was 9.1%.

    Agriculture growth was 9.6% and retail trade grew by 8,9%.

    Foreign trade grew 39.1%, to almost $4 billion.

    Exports from Armenia made $1.6 billion, 21.% more from a year
    before. The volume of imports to Armenia rose to $2.871 billion,
    47.2% up from a year before.

    The negative trade balance grew to $1.810 billion.

    In January-November 2007 the average monthly salary in Armenia was
    82,000 Drams. In public sector it was 55,000 AMD and 105,000 in
    private sector. Salary grew 20.5%, from a year before.
Working...
X