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Time in Yerevan: 11:07,   29 March 2024

Armenia’s economic activity rate rises by 5.7%

Armenia’s economic activity rate rises by 5.7%

YEREVAN, MAY 22, ARMENPRESS. Armenia’s economic activity index for January-April 2017 surpassed the index of the same period of the previous year by 5.7%, reports Armenpress.

The National Statistical Service has introduced the current-operative preliminary main macro-economic indicators characterizing the socio-economic situation of Armenia.

Decline was registered in the construction and gross agricultural production sectors.

Construction volume decreased by 13.4% compared to the same period of the previous year, and the volume of gross agricultural production decreased by 2.9%, comprising 114 billion 269.6 million AMD.

The electricity production volume increased by 4.4% in January-April 2017 compared to January-April 2016. Service volume (trade excluded) increased by 10.1% compared to January-April 2016, comprising 409 billion 32.3 million AMD.

Consumer price index increased by 0.1% in January-April 2017, and the industrial production price index increased by 3.3%.

Trade turnover increased by 12.1 % and comprised 685 billion 872.9 million AMD. The industrial production volume comprised 485 billion 494.2 million AMD, increasing by 12.9% compared to January-April 2016.

Average monthly wage increased by 2.3% (187 thousand 153 AMD).

External trade turnover volumes rose by 15.1% (1 billion 689 million USD) compared to January-April 2016, moreover, the export grew up by 16.1% (608.4 million USD) and the import rose by 14.6 % (1 billion 80.6 million USD). US exchange rate against the dram was 485.62 in January-April.

All absolute rates are presented based on current prices.

 








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