GDP of Armenia Increases By 9.2% in January-June 2004

GDP OF ARMENIA INCREASES BY 9.2% IN JANUARY-JUNE 2004

YEREVAN, August 4 (Noyan Tapan). GDP of Armenia increased by 9.2% in
January-June 2004 in comparison with the same period of last year and
made 600 bln, 715.3 mln drams (about 1 bln, 155 mln dollars). During
the same period the volume of industrial output increased by 4.5% and
the volume of the gross agricultural output and retail commodity
circulation made 8.5% and 10.1%, respectively. The export and import
increased by 7.2% and 3.8%, respectively. The index-deflator of GDP
made 106.2% and the index of consumer prices made 107.6%. Stepan
Mnatsakanian, Chairman of the RA National Statistical Service (NSS),
said during the August 4 press conference that though NSS receievd
only 86.4% of the financing expected for the first half of this year
(about 218.6 mln drams), the planned work was carried out by 100%. In
particular, 35 names of statistical publications, which are included
in the open library and the internet site of the National Statistical
Service, have been prepared. Nin4e commissions of international
organizations and foreign statistical services and 12 experts visited
NSS during the indicated period.