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Economy Grows 10.2 Percent In Quarter One

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  • Economy Grows 10.2 Percent In Quarter One

    ECONOMY GROWS 10.2 PERCENT IN QUARTER ONE

    ARMENPRESS
    April 21, 2008

    YEREVAN, APRIL 21, ARMENPRESS: Armenia's economy grew 10.2 percent
    in quarter one. In January-February the growth was 10.1 percent.

    Armenian Central Bank said the highest growth rate-20 percent- was
    again reported by construction sector.

    Industrial growth was 5.8 percent aided significantly by growth in
    energy, food and metal production sectors. Growth in services was
    11.2 percent. High growth rates were reported both in retail trade
    and services.

    Agriculture rose 3.2 percent.
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