Statistics: Growth Of Economic Activity In October Was 2.6%

30.11.2011 18:02
Statistics: Growth Of Economic Activity In October Was 2.6%

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.


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