Armenia economic activity index grows 10,4% in eight months

YEREVAN, SEPTEMBER 25, ARMENPRESS. The economic activity index of Armenia grew 10,4% in January-August 2023 compared to the same period of 2022, according to data published by the Statistical Committee.

Industrial production volume decreased 0,1%.

Construction volume grew 17,3%.

Trade turnover grew 23,1% and services grew 14,8%.

The consumer price index increased 3,1%, while the industrial product price index grew 0,9%.

Electricity production dropped 2,6%.

Foreign trade grew 53% (exports grew 51,8% while imports grew 53,8%).