US EditionArmenia’s Economic Growth Continues to Slow
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Armenia’s Economic Growth Continues to Slow
YEREVAN (Azautyun.am)—Economic growth in Armenia continued to slow down in the first two months of this year amid a nearly 20 percent year-on-year slump in industrial output. The Armenian government’s Statistical Committee, recorded a 4.1 percent rate of “economic activity” in this period. The macroeconomic indicator does not take account of agriculture and tends to be higher than the GDP growth rate. The Armenian economy grew by 5.9 percent las…
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