Armenia’s economic activity index remains unchanged in March 2011

Armenia’s economic activity index remains unchanged in March 2011

PanARMENIAN.Net - The index of economic activity in Armenia in March 2011 remained unchanged as compared to the same period in 2010.

According to the National Statistical Service, the economic activity growth was 17,6% higher in March compared to February 2011. Inflation in March was 11,5% compared to the same period in 2010. Consumer prices rose by 0,8%.

The national budget envisages 4,6% GDP growth and 4% (±1,5%) inflation for 2011.

 Top stories
Yerevan has dismissed Turkey’s demand to shut down the Armenian nuclear power plant as “inappropriate”.
Armenia will loan 2.9 billion drams to Nagorno Karabakh (Artsakh), according to a draft government decision.
The Ministry of Ecology and Natural Resources of Azerbaijan has “strongly condemned” Armenia’s decision.
Kerobyan has said that for the first time in the history of Armenia, the volume of foreign direct investments amounted to about $1 billion.
Partner news
---