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Statistical report: economic activity index rises 5.9% in Armenia in 2011

YEREVAN, January 31. /ARKA/. Economic activity index rose 5.9% in Armenia in 2011, compared with 2010, National Statistical Service of Armenia reports.

The economic activity index rose 6.1% in December 2011, compared with the same month a year earlier, and 15%, compared with November 2011.

According to the statistical report, construction faced 11.5% decline in 2011, compared with 2010.

Construction amounted to AMD 480.8 billion.

Industrial output totaled AMD 992.1 billion in 2011 after growing 14.1%, compared with the previous year.

Agriculture sector accounted for the output worth AMD 992.1 billion and 14.1% year-on-year growth in 2011.

Armenia’s foreign trade turnover grew 14.4% to AMD 5481 billion or $2044.2 million.
Services worth AMD 872.4 billion were provided in Armenia in 2011 – 6.1% year-on-year growth.

In the 2011 government budget, GDP growth was projected at 4.6%. ($1- AMD 386.77). .-0—

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