Armenian economy at the same level in first quarter of 2011

Economic activity of Armenia for the first quarter of 2011 remains at the same level compared with the first quarter of 2010: there has been no growth, News.am reports.

Even though the economic activity indicator hasn’t changed, there are some positive economic changes.
Growth was observed in the industry (by 5.9%) and trade (5%) sectors. Meanwhile, a decrease was seen in the service sector (by 7.4%), agriculture (2%) and construction (by 5.2%).