Economic activity index grows 9,7% in nine months

YEREVAN, OCTOBER 25, ARMENPRESS. Armenia’s economic activity index grew 9,7% in January-September 2023 compared to last year’s same period, according to data released by the Statistical Committee.

Industrial production output dropped 0,6%, while gross agricultural output increased 1,7%.

Construction grew 17%.

Trade turnover grew 23,3%. Services grew 13,4%.

The consumer price index grew 2,8%, while the industrial product price index grew 1,3%. Electrical energy production decreased 2,8%.

Foreign trade grew 47,2% (exports grew 48,5% and imports grew 46,4%).