ARMENIAN GDP GROWS 12.5% IN NINE MONTHS
Armenpress
Oct 23 2006
YEREVAN, OCTOBER 23, ARMENPRESS: Armenia’s GDP in the first nine
months of 2006 grew 12.5 percent, making, in terms of money, around $4
billion. GDP growth rate in September against August was 26.3 percent.
Armenian statistical service said industrial output, not counting
indirect taxes, went down 2 percent from a year ago to 468.1 billion
Armenian drams, but not counting the overall volume of diamond cutting
industry’s production, the industrial output grew 1.5 percent making
a total of 466 billion drams.
The production of electricity went down 5.2 percent from a year ago
to 4.530 billion kilowatt/hours.
Agricultural GDP grew in 2006 September against August 15.6
percent. Overall the agricultural GDP grew to 370.5 billion drams,
as much as in the first nine months of the previous year.
The biggest growth rate was reported in construction branch which
saw around 400 billion drams worth investments, growing almost 40
percent from a year ago.