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Armenia's business activity index in Q3, 2011 unchanged

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  • Armenia's business activity index in Q3, 2011 unchanged

    Armenia's business activity index in Q3, 2011 unchanged

    September 17, 2011 - 15:34 AMT


    PanARMENIAN.Net - The Q3, 2011 business activity index in Armenia
    remained unchanged (at 99,9%) compared to the same period in 2010.

    According to the Central Bank of Armenia (CBA), growth was reported in
    industry and trade sectors, while a slump was noted in the sector of
    services; the situation in construction sector remained unchanged.

    The business environment index increased to total 101,1% in Q3 2011
    compared 2010 results.

    The consumer confidence index went up to comprise 106,3% in Q3, 2011
    against 101,3% in Q2.




    From: A. Papazian
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