ARMENIA’S FIXED 17.5% ECONOMIC DOWNFALL IN JANUARY-OCTOBER 2009
/PanARMENIAN.Net/
20.11.2009 15:08 GMT+04:00
/PanARMENIAN.Net/ Over the past 10 months, Armenia fixed a 17.5%
economic downfall compared to the same period of last year.
According to the official data of RA National Statistic Service,
GDP in January-February comprised AMD 2466,3 billion. This is a very
promising rate which leads local and foreign experts to the assumption
that 2009 economic downfall will make up 15%.
Inflation rate in January-October was 3%, compared to the same period
of last year. Whereas only in October, this rate comprised 0.5%
compared to September 2009.
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