ARMENIA’S ECONOMY POSTS 13% GROWTH IN JAN.-OCT. 2006
RIA Novosti, Russia
November 20, 2006
YEREVAN, November 20 (RIA Novosti) – Armenia posted a 13% GDP growth
rate in January-October of 2006, as compared with 12.2% a year ago,
the country’s national statistics service said Monday.
Consumer prices rose over the period by 2.4%, year-on-year, while
industrial prices dropped 3.1%.
Foreign trade turnover reached $2.5 billion – a 14.3% increase on
last year.
The 2006 budget projects this year’s economic growth at 7.5% and
inflation at 3%.
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