Armenia’s business activity index in Q3, 2011 unchanged

September 17, 2011 – 15:34 AMT

PanARMENIAN.Net – The Q3, 2011 business activity index in Armenia
remained unchanged (at 99,9%) compared to the same period in 2010.

According to the Central Bank of Armenia (CBA), growth was reported in
industry and trade sectors, while a slump was noted in the sector of
services; the situation in construction sector remained unchanged.

The business environment index increased to total 101,1% in Q3 2011
compared 2010 results.

The consumer confidence index went up to comprise 106,3% in Q3, 2011
against 101,3% in Q2.

From: A. Papazian