6.7% GDP growth recorded in Armenia in January-June 2010

6.7% GDP growth recorded in Armenia in January-June 2010

PanARMENIAN.Net - According to updated statistical data, 6.7% GDP growth was recorded in Armenia in January-June 2010 as compared with the same period of 2009. The GDP amounted to AMD 1,331.9bln in June that is 31.7% higher as compared with May, the National Statistical Service of Armenia reported.

Besides, 7.3% growth was recorded in consumer prices in January-June 2010 as compared with the same period of 2009. Meanwhile, deflation totaled 0.8% in June 2010.

The 2010 national budget envisages 1.2% economic growth and 4 ± 1.5% inflation in Armenia.

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