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YEREVAN, SEPTEMBER 21, ARMENPRESS. The Armenian economic activity index for January-August 2016 surpassed the index of the same period of the previous year by 2.4%. The index rose by 28.2 % in August 2016 compared to July. “Armenpress” reports, the National Statistical Serviceofthe Republic of Armenia has introduced the current-operative preliminary main macro-economic indicators characterizing thesocio-economic situationofArmenia.
Construction and trade turnover have dropped. Consumer price index dropped by 1.6%, index of the price of industrial production declined by 0.5 %. Construction volume decreased by 7.5% compared to the same period of the previous year. There is a 5.9% decrease in electricity production. Service volume (trade excluded) rose by 8% and the gross agricultural production increased by 4.1 % in 2016.
In the period of January-August 2016, trade turnover declined by 0.4% compared to the same period of 2015 and amounted 1 trillion 365 billion and 728 million AMD. Industrial production volume grew by 7.0 % amounting 898 billion 717 million AMD.
Average monthly wage increased by 2.6% (185 thousand and 782 drams). This is when average monthly wage in the public sector decreased by 0.2% (161 thousand and 218 drams).
External trade turnover volumes grew by 4.6 % (3 billion 114.7 million USD) against January-August 2015, while exports increased by 18.9 % (1 billion 129.7 million USD) and imports decreased by 2.1 % (1 billion 985 million USD). US exchange rate against the dram was 481.89.
All absolute rates are presented based on current prices.