Armenian economy expands 9.7% in 10 mths

Interfax
22.11.2004  
 
Yerevan. (Interfax) – Armenian GDP grew 9.7% year-on-year to 1.485
trillion dram in January-October, the National Statistics Service
told Interfax.

Industrial output rose 1.5% to 424.9 billion dram year-on-year in
the ten months but fell 0.3% in October compared with September.

Farm output rose 13.8% to 389.1 billion dram and electricity output
increased 8.9% to 4.877 billion kWh in the ten months.

Armenian foreign trade grew 3% year-on-year to 903 billion dram in
January-October.

The exchange rate averaged at 541.25 dram/$1 in the ten months. It
was 501.84 dram/$1 on November 22.

–Boundary_(ID_CJjgPKnasCWTwAFbsyT8bQ)–