ARMENIA’S GDP IN JANUARY-OCTOBER SLASHES BY 17.5% YEAR-ON-YEAR

ARKA
November 20, 2009
Yerevan

YEREVAN, November 20, /ARKA/. Armenia’s GDP in January-October, 2009
slashed by 17.5% year-on-year, the country’s National Statistical
Service said today.

According to the official figures, in terms of money the GDP totaled
2.466 trillion Drams. In October 2009 GDP was 5.1% down from the
previous month.

In January-October 2008 Armenian economy grew by 9.2 percent. ($1 –
387.39 Drams).