Armenian GDP Grows 7% In January And February

[Emil Lazarian]

ARMENIAN GDP GROWS 7 PERCENT IN JANUARY AND FEBRUARY

Armenpress
Mar 21 2006

YEREVAN, MARCH 21, ARMENPRESS: Armenia's gross GDP in the first two
months of this year amounted to 164.4 billion drams, marking a 7
percent growth from a year ago and a 27 percent growth over January,
2006.

Armenia's national statistical committee (Armstat) said the volume
of industrial output in January and February was 89. 6 billion drams
(not counting indirect taxes). The growth rate was down 0.6 percent
from a year ago, however, in February the industrial growth rate
was up 11.3 percent over January. Armenian power plants produced
1.1 billion kilowatt/ hours electricity in the reported time, 89.2
percent of electricity amount produced a year ago.

Agricultural output in the first two months of 2006 amounted to 24.5
billion drams, a 2.2 percent growth from a year ago. Armenia's trade
amounted to 364.6 billion drams, a 5 percent growth from a year ago.

Exports amounted to 113.4 billion drams and imports to 251.1
billion drams. The growth from a year ago was 14.2 and 5.6 percent
respectively.

From: Emil Lazarian | Ararat NewsPress