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Armenia's GDP Up 11.7% In Jan-Aug 2005

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  • Armenia's GDP Up 11.7% In Jan-Aug 2005

    ARMENIA'S GDP UP 11.7% IN JAN-AUG 2005

    RIA Novosti, Russia
    Oct 3 2005

    YEREVAN, October 3 (RIA Novosti, Gamlet Matevosyan) - Armenia's GDP in
    January-August grew 11.7% year on year to $2.5 billion, a government
    official said Monday.

    According to the National Statistics Service, per capita GDP for the
    period was $784.

    Armenia's H1 industrial output grew 6.2% to $906.5 million and
    agricultural output increased by 11.8% to $550.5 million.

    Estimated GDP annual growth rate is 8% and inflation, 3%.

    The country's H1 trade turnover was almost $1.7 billion, a 31.4%
    increase year on year.

    The average monthly salary in January-August was $109, up 23.6%
    compared with the same period last year.

    Unemployment fell by 1.1% to 124,300 jobless.

    From: Emil Lazarian | Ararat NewsPress
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