ARMENIA’S ECONOMIC ACTIVITY INDEX IN Q1 , 2010 IMPROVES BY 38 PERCENT
ARKA
March 16, 2010
YEREVAN, March 16, /ARKA/. Armenia’s economic activity index in the
first quarter of 2010 increased by 38.4% from Q4, 2009, to 57.8%,
the Central Bank of Armenia said in a press release. It said economic
activity index grew by 20% year-on-year.
The Central Bank said also business environment index improved by 5.8%
from Q4, 2009 to 46%, while consumer confidence index rose by 6.3%
to 46%.
The figures are based on a series of surveys conducted by the Central
Bank randomly among 863 companies dealing with industry, construction
and services and 1821 households in Yerevan and all 10 provinces. The
surveys were made by Internet, telephone, letters and fax to calculate
the economic activity and business environment and consumer confidence
indexes.
From: Emil Lazarian | Ararat NewsPress