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Armenia's Economic Activity Index In Q1 , 2010 Improves By 38 Percen

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  • Armenia's Economic Activity Index In Q1 , 2010 Improves By 38 Percen

    ARMENIA'S ECONOMIC ACTIVITY INDEX IN Q1 , 2010 IMPROVES BY 38 PERCENT

    ARKA
    March 16, 2010

    YEREVAN, March 16, /ARKA/. Armenia's economic activity index in the
    first quarter of 2010 increased by 38.4% from Q4, 2009, to 57.8%,
    the Central Bank of Armenia said in a press release. It said economic
    activity index grew by 20% year-on-year.

    The Central Bank said also business environment index improved by 5.8%
    from Q4, 2009 to 46%, while consumer confidence index rose by 6.3%
    to 46%.

    The figures are based on a series of surveys conducted by the Central
    Bank randomly among 863 companies dealing with industry, construction
    and services and 1821 households in Yerevan and all 10 provinces. The
    surveys were made by Internet, telephone, letters and fax to calculate
    the economic activity and business environment and consumer confidence
    indexes.

    From: Emil Lazarian | Ararat NewsPress
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