ARMENIAN GDP GROWS BY 11.9% IN JANUARY 2007 ON SAME MONTH OF LAST YEAR
Noyan Tapan
Feb 21 2007
YEREVAN, FEBRUARY 21, NOYAN TAPAN. Armenia’s GDP grew by 11.9% in
January 2007 on the same month of last year and made 83 bln 771 mln
drams (about 238 mln USD). GDP index-deflator made 103%.
According to the RA National Statistical Service, industrial production
grew by 4% in Armenia in January 2007 on the same month of last year
and made 45 bln 38 mln drams. Industrial production with diamond
production grew by 7.7% to 44 bln 853 mln drams.
Gross agricultural output increased by 3.5% to 14 bln drams,
construction – by 2.4% to 3 bln 808 mln drams, retail trade – by 8.2%
to 47.9 bln drams, while the volume of services – by 8.9% to 33.4
bln drams.
In January 2007, Armenia’s foreign trade grew by 57.4% on January 2006
and made 260.3 mln USD, with exports growing by 24% to 59.5 mln USD
and imports – by 71% to 200.8 mln USD. Foreign trade without diamond
trade grew by 73.6% to 234.1 mln USD, with exports growing by 38%
to 46.8 mln USD and imports – by 85.6% to 185.3 mln USD.
Consumer prices increased by 5.1% in January 2007 on the same month
of 2006, the index of manufacturers’ prices made 98.3%.
Monetary incomes of the population inreased by 15.4% in January 2007
on last year and made 95 bln 80 mkn drams, monetary expenditures –
by 20.2% to 114.6 bln drams. The average monthly nominal salary made
69.145 thousand drams (28.8% growth), including salary of employees
of budgetary institutions amounting to 50.628 thousand drams (32.8%)
and salary of employees of non-budgetary institutions – 82.611 thousand
drams (24.8%). The average exchange rate of the US dollar made 363.71
drams in January 2007 and 416.04 drams in 2006.
The number of officially registered unemployed made 84.6 thousand in
Armenia at the end of January, declining by 4.4% compared with the
same index of last year.