Trade Grows by 8.8%, Services by 20.8% YoY Jan-Nov 2007

[Boshkezenian Garik]

TRADE GROWS BY 8.8%, SERVICES BY 20.8% IN ARMENIA IN JANUARY-NOVEMBER
2007 ON SAME PERIOD OF LAST YEAR

YEREVAN, DECEMBER 28, NOYAN TAPAN. In January-November 2007, trade
turnover amounted to 1 trillion 204 billion 735.8 million drams in
current prices in Armenia, growing by 8.8% in comparable prices as
compared with the same period of 2006.

According to the RA National Statistical Service, retail trade made 764
bln 277.8 mln drams in current prices in January-November 2007, growing
by 8.9% in comparable prices on the same months of 2006.

Services provided in January-November 2007 made 485 bln 677.4 mln drams
in current prices, which is more by 20.8% in comparable prices on the
same period of last year.