ARMENIA’S GDP GROWS BY 7.2% IN APRIL 2010 ON SAME MONTH OF 2009

NOYAN TAPAN
20 MAY, 2010
YEREVAN

YEREVAN, MAY 20, NOYAN TAPAN. Armenia’s GDP grew by 7.2% in April
2010 compared to the same month of 2009 and amounted to 777 billion
558.4 million drams. The index-deflator of GDP made 10.2%.

According to the RA National Statistical Service, industrial output
grew by 10.2% in Armenia in April 2010 on April 2009 and made 242bn
590.3m drams.

Gross agricultural output declined by 0.1% to 63bn 908m drams,
construction grew by 8.8% to 66bn 534.1m drams.

Retail trade increased by 2.3% to 289bn 303m drams, services grew by
6.4% to 231bn 336m drams.

Armenia’s foreign trade grew by 30.9% in April 2010 as compared to
April of last year and amounted to bn 408.7m, with exports growing
by 64.3% to 9.8m and imports increasing by 24.4% to bn 118.9m.

Consumer prices rose by 8%, industrial production prices – by 37%
in April 2010 on April 2009.

The number of officially registered unemployed grew by 4.9% in April
2010 compared to April 2009 and made 85.2 thousand.

The average monthly nominal salary made 104,058 drams in April 2010
(7.5% growth on last year), including the average salary of 83.695
drams (3.9% growth) in the state sector and the average salary of
133,568 drams (10.8% growth) in the non-state sector.

The average exchange rate of one US dollar made 386.69 drams in
April 2010.