YEREVAN, November 30. /ARKA/. In the Armenian economy in October 2011 growth of the indicator of economic activity by 2.6% was recorded compared to the same period of 2010.
Armenian National Statistic Service (NSS) informed ARKA that in October 2011 compared to September 2011 decline of this indicator by 17.9% was recorded.
Growth of this indicator in January-October 2011 was 5.9% compared to the same period of 2010.
According to NSS data, decline by 25% was registered in construction sphere. Volume of construction works in October compared to September was over 46.2 billion drams reduced by 6.7%.
14.3% growth of industry in October 2011 compared to the same period of 2010 provided the volume of industrial production by over 88.7 billion drams reduced in October by 3.4% compared to September.
In October 2011 the volume of gross product in agriculture increased by 7.7% compared to October 2010 making over 117.1 billion drams. In October compared to September this indicator decreased by 36.2%.
Foreign trade turnover increased by 21.1% in the reporting period making 189.6 billion drams ($504.1 million). This indicator decreased by 4% in October 2011 compared to September 2011.
In October 2011 the volume of provided services increased by 7.2% compared to the same period of 2010 making about 79.4 billion drams. In October this indicator decreased by 1.2% compared to September.
According to the state budget, GDP growth in 2011 in Armenia was planned on the level of 4.6%. ($1-382.74 drams)..–0—
MACROECONOMIC INDICATORS OF ARMENIA (October 2011)
| Economic indicators | October 2011 | October 2011 to October 2010 (%) | October to September 2011 (%) |
| Indicator of economic activity | x | 102.6 | 82.1 |
| Volume of industrial products, mln. drams | 88738.8 | 114.3 | 96.6 |
| Energy production, mln kilowatt/h | 461.8 | 95.6 | 94.9 |
| Gross product of agriculture, mln. drams | 117112.8 | 107.7 | 63.8 |
| Construction volume, mln. drams | 46230.6 | 75.0 | 93.3 |
| Foreign trade turnover, mln. dollars, including | 504.1 | 121.1 | 96.0 |
| Export of goods | 112.9 | 121.3 | 79.0 |
| Import of goods | 391.2 | 121.1 | 102.3 |
| Monthly salary per employee, in drams | 114 402 | 106.7 | 100.3 |
| Volume of trade turnover, mln. drams | 182091.8 | 102.8 | 96.4 |
| Volume of paid services, mln. drams | 79345.3 | 107.2 | 98.8 |
| Index of consumer prices | x | 105.7 | 100.3 |
Data of National Statistic Service of Armenia.
