Armenia’s Economic Activity Index Grew By 6.8% In Seven Months

Armenia’s economic activity index grew by 6.8% in January-July 2019 compared to January-July 2018, according to the data published by the National Statistical Committee.

In particular, the industrial production volume recorded a significant growth, 8.4%. Construction volume rose by 4.5% in January-July 2019, the volume of service – 15.2% and the trade turnover – 8.9%.

In January-July 2019 consumer price index increased by 1.9%. Industrial production prices index remained unchanged, and the electricity production declined by 5%.

Average monthly nominal salary increased by 5.9%, comprising 178 thousand 325 drams.

2.3% growth was registered in external trade turnover volumes. In addition, export grew by 3% and import by 1.9%.

Edited and translated by Aneta Harutyunian


Source: Yerakouyn

You are donating to : Greennature Foundation

How much would you like to donate?
$10 $20 $30
Would you like to make regular donations? I would like to make donation(s)
How many times would you like this to recur? (including this payment) *
Name *
Last Name *
Email *
Additional Note