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NEWS » Economy » Armenia’s economic activity climbs 7.7% in Jan-June
Economy

Armenia’s economic activity climbs 7.7% in Jan-June

21.08.2012, 12:09
Armenia’s economic activity surged 7.7% in January-June 2012 from the same period a year earlier, according to the National Statistical Service.
Armenia’s economic activity climbs 7.7% in Jan-June
YEREVAN, August 21. /ARKA/. Armenia’s economic activity surged 7.7% in January-June 2012 from the same period a year earlier, according to the National Statistical Service. 

Economic activity rose 10.3% in July from June.

Inflation reported 2.3% in July from a year earlier, prices for industrial production increased 9.8% within the reported period.

In July 2012 the industrial production valued at total 93.8 billion drams, 16 % higher from a year earlier.

Foreign trade turnover in Armenia upped 6.5% to $436.2 million in July 2012 from last year.

Armenia’s GDP growth is projected at 4.2% in the state budget. -0-
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