Diamonds.net, NY
Feb 1 2009

Diamond Output in Armenia Drops

Between January and November 2008, Armenia produced 96,086 carats of
diamonds, according to the country’s National Statistical Service,
constituting a drop of 13.8 percent from one year ago. Diamond output
reached $42.8 million (AMD 13.1 billion), a decrease of 14.3
percent. During the 11-month period, 768.1 kilograms of jewelry were
produced in Armenia, a 51 percent decline from the 1,562.4 kilograms
produced in the same period of 2007. *

cleID=25134
From: Baghdasarian