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Growth Of Economic Activity In September Was 9% In Armenia – Statistics

YEREVAN, October 31. /ARKA/. In the Armenian economy in September 2011 growth of economic activity by 9% was registered compared to the same period of 2010, Armenian National Statistic Service informed ARKA News Agency. Growth of the given indicator was 17% in September 2011 compared to August 2011.
Growth of the given indicator in January-September 2011 was 6.4% compared to the same period of 2010.

According to statistical data, in the construction sphere decline of 25.2% was registered. Volume of construction works in September 2011 was over 49.1 billion drams increased by 19.4% compared to August 2011.
Growth of industry by 16.6% in September 2011 compared to the same period of 2010 provided the volume of industrial production by more than 92.7 billion drams increased by 9.4% in September compared to August.
In September 2011 the volume of agriculture increased by 18.6% compared to September 2010 making over 169 billion drams. This indicator increased in September 2011 by 39.8% compared to August 2011.
In the reporting period growth of foreign trade turnover by 26.7% was registered compared to the same period in 2010 making over 195.4 billion drams ($525.3 million). This indicator increased by 1.9% in September 2011 compared to August 2011.
In September 2011 the volume of the provided services increased by 3.5% compared to the same period of 2010 making over 79 billion drams. This indicator increased by 0.3% in September 2011 compared to August 2011.
According to the state budget, GDP growth in 2011 in Armenia was planned on the level of 4.6%. ($1-378.58 drams). –0—

MACROECONOMIC INDICATORS OF ARMENIA (September 2011)

Economic indicators September 2011 September 2011 compared to September 2010 (%) September 2011 compared to August 2011 (%)
Indicator of economic activity x 109.0 117.0
Volume of industrial production, million drams 92740.8 116.6 109.4
Energy production, million kW/h 486.5 84.2 76.4
Gross product of agriculture, million drams 169042.7 118.6 139.8
Volume of construction, million drams 49144.7 74.8 119.4
Foreign trade turnover, million dollars, including 525.3 126.7 101.9
Export of goods 142.9 148.4 121.8
Import of goods 382.4 120.1 96.0
Monthly salary per employee, in drams 114463 107.1 100.8
Volume of trade turnover, million drams 188603.6 101.7 104.6
Volume of paid services rendered to population, million drams 79012.0 103.5 100.3
Index of consumer prices x 106.2 100.8

Data of Armenian National Statistic Service.

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