ARMENIA’S INDUSTRIAL OUTPUT IN JAN.-MAY SEES 10.3% RISE
/ ARKA /
July 7, 2011
YEREVAN
Armenia’s industrial output in the first five months of 2011 saw a
10.3% year-on-year rise. By this indicator Armenia was second among
some other former Soviet republics which make the CIS countries.
According to the CIS Statistics Committee, nine CIS countries recorded
growth in industrial production in January-May 2011 and one reported
a decline, and data for one country was unavailable. The average
year-on-year growth rate for the CIS countries was 5.9%.
In January-May this year Belarus posted a 12.5% growth of industrial
production, Kyrgyzstan saw a 8.8% rise, in Ukraine and Moldova the
industrial output grew by 8.5%, in Uzbekistan it was 6.2%, 5.8% in
Kazakhstan, 5.2% in Russia and 3.4% in Tajikistan. The industrial
output in Azerbaijan dropped by 1.1%. Data for Turkmenistan was
unavailable.
From: Baghdasarian
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