Announcement

Collapse
No announcement yet.

18.3% Fall

Collapse
X
 
  • Filter
  • Time
  • Show
Clear All
new posts

  • 18.3% Fall

    18.3% FALL

    http://a1plus.am/en/economy/2009/10/20/econo mics
    04:51 pm | October 20, 2009

    Economy

    Despite Armenia's 0.1% economic growth in January-September this year,
    there is still an 18.3% fall compared with the same period last year.

    According to the National Statistical Service's macroeconomic ratings
    showing the social-economic state in Armenia, this year's GDP is
    2123218.4 million drams

    Let us remind that the decline was 18.4% last month. There has been
    insignificant growth in almost all spheres compared with August,
    while the figures are not too satisfying compared with last year.

    There has been a growth of officially registered unemployed citizens by
    10.3% (83,100 people), while there were 83,800 unemployed last month;
    in other words, 700 people have been employed.

    According to information from the National Statistical Service,
    construction has grown by 8.8% since last month. Ratings show that
    the fall of construction was 43.8% in January-September and 52.6%
    last month. Fall in industry makes up 11.4%, 1.4% in services and 1.3%
    in agriculture.

    Circulation of foreign products reduced by 30.7% in January-September
    and figures were positive last month with 29.9%. Exports decreased
    by 41.5% and imports by 27.7%.

    Figures show that the growth of construction has played a major role
    in the 0.1% growth last month.
Working...
X