Armenia’s economic activity index grows 6,5% in six months

YEREVAN, AUGUST 7, ARMENPRESS. Armenia’s economic activity index grew 6,5% during January-June 2019 compared to last year’s same period, according to official data published by the National Statistical Committee.

In particular, the service sector grew 15,3%, trade turnover grew 8,9% and the industrial output grew 6,9%.

In January-Juneconstruction volumes increased 4,7%.

Consumer price index grew 2% and the agricultural output grew 7,4%.

Production of electricity, however, dropped 5,5%.

The average monthly wage grew 5,6% - totaling 179,519 drams.

A 0,1% growth was recorded in the external trade turnover volumes, with decline observed in exports but growth recorded in imports.

Exports dropped 0,5%, while imports grew again 0,5%.

Edited and translated by Stepan Kocharyan