INDUSTRIAL PRODUCTION GROWS BY 4.3% IN ARMENIA IN JANUARY-MARCH 2007 ON
SAME PERIOD OF LAST YEAR

YEREVAN, MAY 11, NOYAN TAPAN. In January-March 2007, industrial
production of 152 bln 365 mln drams (about 423.9 mln USD) was made in
Armenia. Industrial production of 151 bln 907.7 mln drams was sold,
including production of 15 bln 882.4 mln drams – in CIS countries, and
production of 33 bln 241.2 mln drams – in other countries.

According to the RA National Statistical Service, the industrial
production grew by 4.3% in the indicated period on January-March 2006,
industrial production without the production and distribution of
electricity, gas and water – by 2.8%.