Interfax, Russia
May 3 2011

Industrial output in Armenia grows 4.8% in Q1

YEREVAN. May 3

Industrial output in Armenia was worth 209.156 billion dram in the
first quarter of the year, up 4.8% year-on-year, the National
Statistics Service reported.

It was down 16.9% from the fourth quarter of last year, however.

Production of electric power in the republic increased 16.5%
year-on-year to 1.846 kWt in the first quarter. Thermal power
companies increased output 110% to 584.4 million kWt hours, while
hydropower plants decreased theirs 16.8% to 462.4 million kWt hours.
Armenia’s nuclear power plant increased production 6.1% to 798.2
million kWt hours.

Cargo-hauling decreased a scant 0.1% to 1.793 million tonnes.

The official exchange rate for May 2: 370.68 dram/$1.

Cf

From: A. Papazian