Armenia’s economic activity index increases by 7.1% in 10 months

YEREVAN, NOVEMBER 25, ARMENPRESS. In January-October 2019 Armenia’s economic activity index increased by 7.1% compared to January-October 2018, Prime Minister Nikol Pashinyan said on Facebook, citing the official data.

In the same period the industrial production growth comprised 8.8%, the construction growth – 4.5%, trade growth – 8.9% and the growth in services – 15.1%.

The export grew by 7.2%. The average monthly salary increased by 5.9%. “These are quite good figures, if not to say as very good. Thus, we have all grounds to insist that in 2019 the economic growth will be close to 7%. We hope that it will also be more than 7%”, the PM said.

Edited and translated by Aneta Harutyunyan