5.5% GDP growth registered in Armenia in 2010 first quarter

5.5% GDP growth registered in Armenia in 2010 first quarter

PanARMENIAN.Net - According to updated statistical data, Armenia’s GDP was 5.5% higher in January-March 2010 as compared with the same period of 2009.

The RA National Statistical Service reported that GDP amounted to AMD568.1 billion. At the same time, the country’s GDP increased by 43.1% in March as compared with February.

Besides, consumer prices were 8.4% higher in the first quarter of 2010 as compared with the same period of last year. Inflation rate reached 8.4% in March 2010.

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

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