Armenia’s economic activity index grows 14.5% in ten months

YEREVAN, NOVEMBER 25, ARMENPRESS. Armenia’s economic activity index increased by 14.5% in January-October 2022 compared to January-October 2021, the Statistical Committee said.

Industrial production volume increased by 9.9% in January-October 2022 compared to the same period of the previous year.

Construction volume registered a 14.4% increase in the past 10 months.

The increase in trade turnover comprised 15.5%.

The volume of services increased by 27.9%.

The consumer price index grew 8.7% in January-October 2022 compared to January-October 2021.

The index of industrial production prices increased by 3.4% compared to January-October 2021.

The electricity production volume increased by 16.8%.

66.4% growth was registered in the external trade turnover volumes. The export increased by 71.2% and the import by 63.5%.

The dram exchange rate against the US dollar in January-October comprised 443.81 drams.