Interfax, Russia
Nov 28 2008

Armenia’s GDP up 9.2% in Jan-Oct

YEREVAN Nov 28

Armenia’s GDP in January-October 2008 went up 9.2% year-to-year to
3.01 trillion dram (over $9.8 billion), the National Statistics
Service said.

Foreign trade in January-October went up 31.5% year-on-year to 1.382
trillion dram ($4.52 billion). Exports edged up 0.9% to $941.2 million
while imports went up 42.8% to $3.579 billion.

Armenia’s trade deficit in January-October 2008 came to $2.638 billion
in the period, up 70% in comparison with the same period of 2007
($1.579 billion).

The average weighted rate for the dram by the Central Bank of Armenia
in January-October 2008 came to 305.86 dram/$1.