Armenia’s economic activity index grows by 2,4% in Nov 2011

Armenia’s economic activity index grows by 2,4% in Nov 2011

PanARMENIAN.Net - A 2,4% growth in economic activity index in Armenia in November 2011 was reported as compared to the same period in 2010.

According to the National Statistical Service, the economic activity dropped 7,3% in November compared to October 2011. Inflation in October comprised 4,8% against the same period in 2010. Consumer prices grew by 1,2% in November against October 2011.

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

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