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GDP Grows 11.7% In Armenia In January-July, 2005,On Same Months Of L

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  • GDP Grows 11.7% In Armenia In January-July, 2005,On Same Months Of L

    GDP GROWS 11.7% IN ARMENIA IN JANUARY-JULY, 2005, ON SAME MONTHS OF LAST YEAR

    YEREVAN, AUGUST 19, NOYAN TAPAN. In January-July, 2005, GDP in
    Armenia grew by 11.7% on the same period of 2004 and made 915 bln
    222.9 mln drams (about 2 bln USD). The GDP index-deflator made up
    103.7%. According to the RA National Statistical Service, in the
    indicated period, the industrial production in Armenia increased by
    6.3% in Armenia, while the gross agricultural output and the retail
    trade grew by 14.1% and 5.3% respectively. The RA foreign trade grew
    by 29.5% in January-July, 2005 over the same period of last year and
    made about 1.5 bln USD, with exports increasing by 31.9% and made
    523 mln USD and imports by 26.2% to 788 mln USD respectively. Cosumer
    prices grew 3.1% in July on December of last year. In the period under
    review, citizens' incomes and expenditures grew by 12.7% and 8.6%
    respectively. As of late July, the number of the officially registered
    unemployed made 94.5 thousand people.

    From: Emil Lazarian | Ararat NewsPress
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