ARMENIAN ECONOMY GROWS 8% IN Q1
Interfax News Agency
Russia & CIS Business and Financial Newswire
May 10, 2006 Wednesday 10:36 AM MSK
Armenian GDP grew 8% year-on-year in the first quarter of 2006
to 266.1455 billion dram (446.91 dram/$1 on May 6), the National
Statistics Service told Interfax.
Industrial output fell 4.7% to 137.928 billion dram, but agricultural
output rose 3.5% to 40.2027 billion dram.
The budget calls for GDP growth of 7.5% in 2006 as a whole. The
economy grew 13.9% in 2005.