In January-June Of 2007 Armenia’s GDP Grew By 11,2%

IN JANUARY-JUNE OF 2007 ARMENIA’S GDP GREW BY 11,2%

Mediamax, Armenia
July 20 2007

Yerevan, July 20 /Mediamax/. The growth of Armenia’s GDP in
January-June of 2007 totaled 11,2%, as compared to the same period
of 2006.

As the press service of the National Statistical Service of Armenia
told Mediamax today, the GDP volume in January-June of 2007 totaled
944845.7mln drams.

The volume of industrial production in the republic in January-June
of 2007 stood at 327954.9mln drams, having increased by 1.4%, as
compared to the same period of 2006.

The average monthly salary in Armenia in January-June of 2007
increased by 20.5%, as compared to the same period of 2006, thus
making 71344 drams.

The salary of budget organizations has increased by 22.1%, making
52491 drams during the accounting period, and the salary of non-budget
organizations stood at 88961 drams (growth – 20.1%).