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Armenia posts GDP growth

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  • Armenia posts GDP growth

    Armenia posts GDP growth

    RosBusinessConsulting, Russia
    July 20 2005

    RBC, 20.07.2005, Erevan 12:50:32.According to preliminary released
    data fro the Armenian National Statistics Service, in the first
    half of this year Armenia's GDP rose 10.2 percent. Armenia's GDP was
    USD1.522bn and GDP deflator totaled 6 percent. Industrial production
    was USD662.7m and accounted fro 43.5 percent of the GDP.

    Industrial output advanced 5.3 percent, ARMINFO, the regional
    information agency has reported. Agricultural output advanced 10.2
    percent. Housing construction grew 43 percent. Armenia's foreign
    trade was USD1.271bn, up 26.9 percent from a year earlier.
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