ARMENIA’S ECONOMIC ACTIVITY INDEX TENDED TO DOUBLE-DIGIT IN AUGUST
news.am
Sept 20 2011
Armenia
YEREVAN. – The index for economic growth in Armenia made 9.6 percent
in August 2011, says national Statistical Service.
The key moving force for economic activity in August was agriculture
with 21.3 percent growth. The index for industry is also marked with
double-digit figure making 12.5 percent.
In relation to July in August average nominal wages decreased by 6.5
percent but compared to August 2010 the increase made 4.5 percent. The
average nominal wage for August was AMD 110.7 thousand compared to
AMD 118.4 thousand of July.
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