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Armenian economy expands 9.7% in 10 mths

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  • Armenian economy expands 9.7% in 10 mths

    Armenian economy expands 9.7% in 10 mths

    Interfax
    22.11.2004  
     
    Yerevan. (Interfax) - Armenian GDP grew 9.7% year-on-year to 1.485
    trillion dram in January-October, the National Statistics Service
    told Interfax.

    Industrial output rose 1.5% to 424.9 billion dram year-on-year in
    the ten months but fell 0.3% in October compared with September.

    Farm output rose 13.8% to 389.1 billion dram and electricity output
    increased 8.9% to 4.877 billion kWh in the ten months.

    Armenian foreign trade grew 3% year-on-year to 903 billion dram in
    January-October.

    The exchange rate averaged at 541.25 dram/$1 in the ten months. It
    was 501.84 dram/$1 on November 22.

    --Boundary_(ID_CJjgPKnasCWTwAFbsyT8bQ)--
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