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Armenian Diamond Cutting Industry Posts 54.6% Decline In January-Nov

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  • Armenian Diamond Cutting Industry Posts 54.6% Decline In January-Nov

    ARMENIAN DIAMOND CUTTING INDUSTRY POSTS 54.6% DECLINE IN JANUARY-NOVEMBER 2009

    ARKA
    Jan 13, 2010

    YEREVAN, January 13, /ARKA/. Armenian diamond cutting industry posted
    a 54.6% decline in January-November 2009, the National Statistical
    Service reported. According to official figures, local companies
    processed a total of 43,668 carat diamonds. For comparison, in the
    first 11 months of 2008 the diamond-cutting companies processed 96,086
    carat diamonds. The National Statistical Committee said a total of
    4,530 carat diamonds were processed in November 2009. In the same
    time span they produced 704 kg of jewelry items, down from 798 kg a
    year before. The decline was 11 percent.
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