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Industrial Production Declines By 1.6% In Armenia In January-Septemb

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  • Industrial Production Declines By 1.6% In Armenia In January-Septemb

    INDUSTRIAL PRODUCTION DECLINES BY 1.6% IN ARMENIA IN JANUARY-SEPTEMBER 2006 ON SAME PERIOD OF LAST YEAR

    Noyan Tapan
    Nov 01 2006

    YEREVAN, NOVEMBER 1, NOYAN TAPAN. In January-September 2006, idustrial
    production made 468 bln 10.6 mln drams (about 1 bln 88 mln USD)
    in Armenia.

    Production of 477 bln 570.5 mln drams was sold, including sales of
    production of 39 bln 540.3 mln drams in CIS countries and that of
    126 bln 221.7 mln drams in other countries. According to the RA
    National Statistical Service, the industrial production declined
    by 1.6% compared with January-September 2005, idustrial production
    without production and distribution of electricity, gas and water -
    by 1.3%. Industrial organizations of Yerevan accounted for nearly 44%
    of Armenia's industrial production. 13.2% of the total industrial
    production was manufactured by very small and small organizations
    making up 88.4% of the organizations included in the statistical
    monitoring, whereas large organizations that made up 8% of the
    total number of organizations manufactured 84% of the industrial
    production. The production level of January-September 2005 was
    maintained or exceeded with respect to 73 out of 123 main goods
    produced in January-September 2006, including 44 out of 70 production
    and technical goods and 29 out of 53 consumer goods.
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