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Armenian Industrial Output Shrinks 2% To 98.9bln Drams In October

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  • Armenian Industrial Output Shrinks 2% To 98.9bln Drams In October

    ARMENIAN INDUSTRIAL OUTPUT SHRINKS 2% TO 98.9BLN DRAMS IN OCTOBER

    YEREVAN, November 26. /ARKA/. Armenian industrial output shrank by 2%
    and exceeded 98.9bln drams in October against October 2011.

    Armenia~Rs National Statistical Service reported that industrial
    output grew by 2.5% in October against September.

    Agricultural output went up by 1.4% to about 118.2bln drams in October
    against the same period of the year before; October against September
    reduction was 32.8%.

    Construction output grew by 2.1% to 51.8bln drams in October 2012,
    as compared with October 2011. Yet, an 8.9% fall was recorded in
    construction in October against September. ($1=406.37drams). ~V0--

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