IN JANUARY-FEBRUARY OF 2007 ARMENIA’S GDP GREW BY 9,4%

Mediamax News Agency, Armenia
March 20 2007

Yerevan, March 20 /Mediamax/. The growth of Armenia’s GDP in
January-February of 2007 totaled 9,4%, as compared to the same period
of 2006.

As the press service of the National Statistical Service of Armenia
told Mediamax today, the GDP volume in January-February of 2007
totaled 93635.1mln drams.

The volume of industrial production in the republic in January-February
of 2007 stood at 93635.1mln drams, having decreased by 4%, as compared
to the same period of 2006.

The average monthly salary in Armenia in January-February of 2007
increased by 25,2%, as compared to the same period of 2006, thus
making 68295 drams.

The salary of budget organizations has increased by 26,5%, making
51944 drams during the accounting period, and the salary of non-budget
organizations stood at 83692 drams (growth – 24,7%).