GDP Of Armenia Experienced 12.5% Growth

GDP OF ARMENIA EXPERIENCED 12.5% GROWTH

ArmRadio.am
01.11.2006 15:46

During January-September 2006 the GDP of Armenia grew with 12.5% as
compared with the same period of 2005, reaching 172 billion drams in
market prices.

RA National Statistical Service told ArmInfo that in September the
index increased with 26.3% as compared with August. The GDP growth
is associated with about annual 40% increase of construction volume,
20% rise of the population’s incomes, and 11% increase of retail sale.

During January-September 2006 the average interest rate of RA Central
Bank was 1 USD=430.4 drams.