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Armenia's Industrial Output Rises 14 Percent In May

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  • Armenia's Industrial Output Rises 14 Percent In May

    ARMENIA'S INDUSTRIAL OUTPUT RISES 14 PERCENT IN MAY

    /ARKA/
    3 July, 2012
    YERVAN

    YEREVAN, July 3. / ARKA /. Armenia's industrial output in 2012
    May surged by 14.1 percent year-on-year to over 92 billion drams,
    according to the preliminary numbers, released by the National
    Statistical Service (NSS).

    It said also industrial output in May was 13.4 percent higher if
    compared to 2012 April. The NSS said also agricultural output in May
    saw a 4.4 percent year-on-year rise to 46.2 billion drams. Compared
    with April this year the growth was estimated at 32.5%.

    The NSS said construction slashed in May by 12.8% from a year earlier
    to 33.3 billion drams, but compared with April this year it soared
    by 56 percent. ($1 - 418.34 drams).

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