YEREVAN, JULY 25, ARMENPRESS. The economic activity index of Armenia grew 11,4% in January-June 2023 compared to last year’s same period, according to official data published by the Statistical Committee.

Industrial production volume grew 1% and stood at 1 trillion 167 billion 535 million drams.

Construction grew 17% and comprised 174 billion 155 million 400 thousand drams.

The trade turnover grew 23,6% and amounted to 2 trillion 280 billion 859 million 800 thousand drams. Services grew 16,8%.

The consumer price index grew 4,2%, while the industrial product price index dropped 1%. Electricity production dropped 2,7%.

Total foreign trade turnover grew 72,9% in the reporting period and stood at 3 trillion 467 billion 200 million drams (exports amounted to 1 trillion 273 billion drams (72,8% growth), while imports comprised 2 trillion 194 billion 200 million drams (73% growth)).