Economy

Armenian industrial production grows

1 minute read

Armenian industrial production grows

YEREVAN, AUGUST 9, ARMENPRESS. Industrial production grew 18,2% in the first half of 2024 compared to the previous year’s same period, the Armenian Statistical Committee has said.

The total worth of the industrial production in the reporting period was 1 trillion 408 billion 107,2 million drams.

Mining industry dropped 9,2% (219 billion 875,9 million drams).

Process manufacturing grew 27,7% and the output comprised 1 trillion 827,2 million drams.

Electricity, gas, steam and air conditioning supply grew 13% (172 billion 469,8 million drams).

Water supply, sewage and waste management and processing grew 5,3%, comprising 14 billion 934,3 million drams.

The highest growth in the industrial production was recorded in March (30%), comprising over 262 billion drams.

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