Armenia economic activity index grows 8,7% in 9 months

YEREVAN, OCTOBER 25, ARMENPRESS. The economic activity index of Armenia grew 8,7% in January-September compared to the previous year’s same period, according to official data released by the Statistical Committee.

Below is the YoY data for January-September 2024. 

The industrial production output grew 12,6%. 

Gross agricultural output grew 1,8%. 

Construction grew 15,9%. 

Trade turnover grew 19,5% while services grew 5,9%. 

The consumer price index remained unchanged while the industrial product price index increased 2,9%. Electricity production grew 1,2%.

Foreign trade grew 73,5% (exports grew 2,1 times while imports grew 54,1%).