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Armenia: Economic Growth Rate Exceeds 10% In H1

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  • Armenia: Economic Growth Rate Exceeds 10% In H1

    ARMENIA: ECONOMIC GROWTH RATE EXCEEDS 10% IN H1

    Esmerk Armenia News
    July 23 2008

    ABSTRACT According to the National Statistical Service of the Republic
    of Armenia, in the first half of 2008, economic growth rate accounted
    for 10.3%. GDP reached Dr 1,320bn (US$ 4.28bn EUR 2.73bn). Consumer
    prices rose by 9% year-on-year. Foreign trade turnover in Armenia
    increased by 28.9% to US$ 2.43mn. In the first half of 2007, economic
    growth rate accounted for 11.2%.
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