7.2% GDP Growth Recorded In Armenia In January-April 2010

7.2% GDP GROWTH RECORDED IN ARMENIA IN JANUARY-APRIL 2010

PanARMENIAN.Net
May 20, 2010 – 15:09 AMT 10:09 GMT

According to updated statistical data, 7.2% GDP growth was recorded
in Armenia in January-April 2010, as compared with the same period of
2009. The GDP amounted to AMD 777.6 bln in April, decreasing by 5.9%
as compared with March, the National Statistical Service of Armenia
reported.

Besides, 8% growth was recorded in consumer prices in January-April
2010, as compared with the same period of 2009. Inflation was up 1.3%
in April 2010, as compared with March.

The 2010 national budget envisages 1.2% economic growth and 4 ± 1.5%
inflation in Armenia.