Industrial Production Reduces By 0.4% In Armenia In January-May 2008

INDUSTRIAL PRODUCTION REDUCES BY 0.4% IN ARMENIA IN JANUARY-MAY 2008 COMPARED WITH SAME PERIOD OF 2007

NOYAN TAPAN

Ju ne 3

Industrial production of 287bn 712m drams in current prices was made
in Armenia in January-May 2008. Sales made 286bn 969.9m drams (nearly
931.4m USD), including sales in CIS countries, which made 27bn 955.4m
drams, in other countries – 67bn 94.4m drams.

According to the data of the RA National Statistical Service, the
index of industrial output made 99.6% compared with January-May 2007,
the same index without generation and distribution of electricity,
gas, and water made 98.6%.