Armenian industrial output grows 6.9% in Q1

YEREVAN, AUGUST 5, ARMENPRESS. Armenia’s industrial output totaled 900,5 billion drams in January-June 2019, a 6,9% growth compared to 2018’s same period, according to a report issued by the Statistical Committee.

The report mentions that positive trends are observed in main sectors of the industrial production.

According to the report the mining industry grew 6,8% - totaling 159,19 billion dram, in Q1 2019.

Processed industry grew 8,7%, totaling 605,1 billion drams. Food production grew 7,8%, production of drinks totaled 7,9% and tobacco production grew 16,7%.

Production of base metals dropped 2,5%, but production of non-metallic minerals grew 37%.

Jewelry production also rose sharply – 31,8%. Textile production and clothing production grew 35,5% and 26,2% respectively.

Edited and translated by Stepan Kocharyan