Armenian GDP up 9.3% in first 7 months
23.08.2004 09:48:00 GMT
Yerevan. (Interfax) – Armenia’s GDP increased 9.3% year-on- year to
788.3 billion dram in January-July 2004, a source in the National
Statistics Service told Interfax.
In July this year GDP increased 10.4% compared with June.
According to the statistics, industrial production in Armenia amounted
to 285.6 billion dram in the first seven months of the year, up 3.4%
year-on-year. Electricity production increased 15.4% year-on- year to
amount to 3.68 billion kWh in the reporting period.
Foreign trade increased 2.8% to $1.1 billion.
The average weighted exchange rate in the first seven months of the
year amounted to 553.58 dram to the dollar, the source said.
The official exchange rate on August 23 was 516.08 dram to the dollar.
From: Emil Lazarian | Ararat NewsPress
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