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August 17
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YEREVAN.- The Central Bank of Armenia said index of business environment and economic activity went up in the second quarter of 2012.

Index of economic activity increased (102.3%) as compared to the same period last year with the large share falling on industry.

Business environment index also increased (118.4%) as compared with the same period in 2011.

As compared with last year, industry and trade faced the major increase in number of employees, while a few organizations provided wage growth.

Meanwhile, 28.4% of organizations participating in the survey plan to make investments in the next quarter, 21.4% have already made.      

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