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Industrial output in Armenia grows 4.8% in Q1

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  • Industrial output in Armenia grows 4.8% in Q1

    Interfax, Russia
    May 3 2011


    Industrial output in Armenia grows 4.8% in Q1

    YEREVAN. May 3


    Industrial output in Armenia was worth 209.156 billion dram in the
    first quarter of the year, up 4.8% year-on-year, the National
    Statistics Service reported.

    It was down 16.9% from the fourth quarter of last year, however.

    Production of electric power in the republic increased 16.5%
    year-on-year to 1.846 kWt in the first quarter. Thermal power
    companies increased output 110% to 584.4 million kWt hours, while
    hydropower plants decreased theirs 16.8% to 462.4 million kWt hours.
    Armenia's nuclear power plant increased production 6.1% to 798.2
    million kWt hours.

    Cargo-hauling decreased a scant 0.1% to 1.793 million tonnes.

    The official exchange rate for May 2: 370.68 dram/$1.

    Cf




    From: A. Papazian
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