Time in Yerevan: 11:07,   23 April 2024

Armenia’s economic activity index declines 6.7% in 10 months

Armenia’s economic activity index declines 6.7% in 10 months

YEREVAN, NOVEMBER 25, ARMENPRESS. Armenia’s economic activity index has declined 6.7% in January-October 2020 compared to January-October 2019, according to the data released by the Statistical Committee.

Industrial production volume grew 0.5%. The construction volume declined 13.3%. 12.5% decrease was registered in the trade turnover, and the volume of service has dropped 12.8%.

Consumer price index grew 0.9%.

Electricity production increased 1.7%.

Decline was also registered in external trade turnover volumes – 11.4%. The export decreased 4.4% and the import -14.9%.

Reporting by Anna Grigoryan; Editing and Translating by Aneta Harutyunyan

 








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