A 9,9% growth in economic activity index in Armenia in May 2011 was reported as compared to the same period in 2010.
According to the National Statistical Service, the economic activity growth was 13,7% higher in May compared to April 2011. Inflation in May comprised 9% compared to the same period in 2011. Consumer prices remain unchanged.
The national budget envisages 4,6% GDP growth and 4% (±1,5%) inflation for 2011.
