Armenia’s GDP Grows By 2.4% In January 2010 Compared To Same Month O

ARMENIA’S GDP GROWS BY 2.4% IN JANUARY 2010 COMPARED TO SAME MONTH OF 2009

Noyan Tapan
Feb 19, 2010

YEREVAN, FEBRUARY 19, NOYAN TAPAN. Armenia’s GDP grew by 2.4% and
amounted to 149bn 491.4m drams (about 391.8m USD) in January 2010
compared to the same month of 2009. The GDP index-deflator made 10.5%.

According to the RA National Statistical Service, industrial
production grew by 6.5% to 53bn 657.8m drams in Armenia in January
2010 on January 2009.

Gross agricultural output increased by 3.1% to 14bn 753.7m drams,
while construction volumes declined by 10.7% to 9bn 838m drams in the
indicated period.

Retail trade remained at the same level and amounted to 61bn 556.6m
drams, services declined by 2.2% to 47bn 830m drams.

Foreign trade of Armenia grew by 14.8% in January 2010 on the same
month of last year and amounted to 296.4m USD, with exports growing by
57.7% to 53.9m USD and imports growing by 8.3% to 242.5m USD.

Consumer prices rose by 1.7% in January 2010 compared with January
2009 and by 7% compared with December 2009. The index of industrial
production prices rose by 39.7% in January 2010 on January 2009.

The number of officially registered enemployed people grew by 12.1% in
Armenia in January 2010 on January 2009 and made 84.9 thousand.

The average monthly nominal salary amounted to 101,704 drams (8.8%
growth compared to last year) in January 2010, including the salary of
86,499 drams (12.3% growth) in the state sector and the salary of
123,966 drams (5.2% growth) in the non-state sector.

The average exchange rate of one USD made 377.53 drams in January 2010.

Disclaimer: This article was contributed and translated into English by Nalchajian Markos. While we strive for quality, the views and accuracy of the content remain the responsibility of the contributor. Please verify all facts independently before reposting or citing.

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