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Armenia's Economic Activity Index Tended To Double-Digit In August

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  • Armenia's Economic Activity Index Tended To Double-Digit In August

    ARMENIA'S ECONOMIC ACTIVITY INDEX TENDED TO DOUBLE-DIGIT IN AUGUST

    news.am
    Sept 20 2011
    Armenia

    YEREVAN. - The index for economic growth in Armenia made 9.6 percent
    in August 2011, says national Statistical Service.

    The key moving force for economic activity in August was agriculture
    with 21.3 percent growth. The index for industry is also marked with
    double-digit figure making 12.5 percent.

    In relation to July in August average nominal wages decreased by 6.5
    percent but compared to August 2010 the increase made 4.5 percent. The
    average nominal wage for August was AMD 110.7 thousand compared to
    AMD 118.4 thousand of July.

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