Armenia: Economic Growth Rate Exceeds 10% In H1

ARMENIA: ECONOMIC GROWTH RATE EXCEEDS 10% IN H1

Esmerk Armenia News
July 23 2008

ABSTRACT According to the National Statistical Service of the Republic
of Armenia, in the first half of 2008, economic growth rate accounted
for 10.3%. GDP reached Dr 1,320bn (US$ 4.28bn EUR 2.73bn). Consumer
prices rose by 9% year-on-year. Foreign trade turnover in Armenia
increased by 28.9% to US$ 2.43mn. In the first half of 2007, economic
growth rate accounted for 11.2%.

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