Industrial Production Increases by 2.6% in Armenia YoY in 2007

] INDUSTRIAL PRODUCTION INCREASES BY 2.6% IN ARMENIA IN 2007 AS
COMPARED WITH 2006

YEREVAN, FEBRUARY 1, NOYAN TAPAN. Industrial production of 716 bln 54.5
mln drams (over 2 bln 96.2 mln USD) in current prices was made in
Armenia in 2007. Production of 719 bln 322.4 mln drams was sold,
including sales of 75 bln 883.1 mln drams in CIS countries, sales of
176 bln 269.5 mln drams in other countries.

According to the RA National Statistical Service, the industrial
production index made 102.6% as compared with 2006, the same index
without the production and distribution of electricity, gas and water
made 101.7%.