Industrial Production Sales Exceeds Production in Armenia in First H

INDUSTRIAL PRODUCTION SALES EXCEEDS PRODUCTION IN ARMENIA IN FIRST HALF OF 2006

YEREVAN, AUGUST 8, NOYAN TAPAN. In January-June 2006, industrial
production of 300 bln 688.5 mln drams (about 677.4 mln USD) was
manufactured in Armenia.

Production of 305 bln 240.4 mln drams was sold in the same months,
including production of 25 bln 9.1 mln drams in CIS countries and
that of 80 bln 475 mln drams – in other countries. According to the
RA National Statistical Service, the index of industrial production’s
physical volume made 99% in January-June 2006 on the same period of
2005, the index of industrial production’s physical volume without
generation and distribution of electricity, gas and water made
99.6%. The processing industry accounted for 64% of the industrial
production, the production and distribution of electricity, gas and
water – for 18.7% and mining industry – for 17.3% in the first half
of 2006. The production index of 75 out of the 122 main products
manufactured in January-June 2006 was maintained or exceeded compared
with the index of the same period of last year, including that of 45
out of the 70 production and technical commodities and 30 out of 52
consumer goods.