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Armenia’s GDP in January-October slashes by 17.5% year-on-year

21.11.2009, 01:42
Armenia’s GDP in January-October, 2009 slashed by 17.5% year-on-year, the country’s National Statistical Service said today.

YEREVAN, November 20, /ARKA/. Armenia’s GDP in January-October, 2009 slashed by 17.5% year-on-year, the country’s National Statistical Service said today.

According to the official figures, in terms of money the GDP totaled 2.466 trillion Drams. In October 2009 GDP was 5.1% down from the previous month.

In January-October 2008 Armenian economy grew by 9.2 percent. ($1 – 387.39 Drams). -0-