Economic activity in Armenia climbs 6.6 % this March from a year earlier

02.05.2012 12:51
Economic activity in Armenia climbs 6.6 % this March from a year earlier

YEREVAN, May 2. /ARKA/. Economic activity in Armenia jumped 6.6% in March of this year from the same month a year earlier, the National Statistical Service of Armenia reports ARKA.
The economic activity within January-March 2012 climbed 6.1 % compared to the same period a year earlier.

The statistics shows that construction  sector of Armenia reported 9.5% tumble in March of this year from the same month last year whereas construction works jumped almost twice to over 20.7 billion drams in March from February.

Industrial production in March of this year rose by 12.6%  from a year earlier and 9.2% from February to 85.6 billion drams.
Agricultural sector advanced 0.1% to nearly 27.1 billion drams in March compared to the same month last year.

Foreign trade in Armenia increased by 20.4% to 204.4 billion drams ($525.6 million) within the reported period.
The volume of provided services gained 12.6% to nearly 74.9 billion drams in March of this year from a year earlier.

The state budget for 2012 year  projects  4.2 percent GDP growth. ($1-392.16 drams). —0--


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