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Armenia's Industrial Output In Jan.-May Sees 10.3% Rise

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  • Armenia's Industrial Output In Jan.-May Sees 10.3% Rise

    ARMENIA'S INDUSTRIAL OUTPUT IN JAN.-MAY SEES 10.3% RISE

    / ARKA /
    July 7, 2011
    YEREVAN

    Armenia's industrial output in the first five months of 2011 saw a
    10.3% year-on-year rise. By this indicator Armenia was second among
    some other former Soviet republics which make the CIS countries.

    According to the CIS Statistics Committee, nine CIS countries recorded
    growth in industrial production in January-May 2011 and one reported
    a decline, and data for one country was unavailable. The average
    year-on-year growth rate for the CIS countries was 5.9%.

    In January-May this year Belarus posted a 12.5% growth of industrial
    production, Kyrgyzstan saw a 8.8% rise, in Ukraine and Moldova the
    industrial output grew by 8.5%, in Uzbekistan it was 6.2%, 5.8% in
    Kazakhstan, 5.2% in Russia and 3.4% in Tajikistan. The industrial
    output in Azerbaijan dropped by 1.1%. Data for Turkmenistan was
    unavailable.


    From: Baghdasarian
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