Time in Yerevan: 11:07:36,   22 June

Armenia’s economic activity rate rises by 6.2%

YEREVAN, JANUARY 26, ARMENPRESS. Armenia’s economic activity index for January-February 2017 surpassed the index of the same period of the previous year by 6.2%, reports “Armenpress”.

The National Statistical Service of Armenia has introduced the current-operative preliminary main macro-economic indicators characterizing the socio-economic situation of Armenia.

Decline was registered in the construction field and consumer price index.

Construction volume decreased by 13,8% compared to the same period of the previous year. The electricity production volume increased by 10,4% in January-February, 2017, compared to January-February, 2016. Service volume (trade excluded) increased by 11.1% compared to January-February, 2016, comprising 194 billion 194.4 million AMD, and agricultural production rose by 0.1%, comprising 40 billion 390.9 million AMD.

Consumer price index dropped by 0.4% in January-February, 2017, and the industrial production price index increased by 4.9%.

Trade turnover increased by 9.6% and comprised 292 billion 199,5 million AMD. The industrial production volume comprised 228 billion 434,3 million AMD, increasing by 16,1 % compared to January-February, 2016.

Average monthly wage increased by 1.1% (188 thousand 440 AMD). External trade turnover volumes rose by 22,2% (761 million USD) compared to January-February, 2016, moreover, the export grew up by 20,1% (273,7 million USD) and the import rose by 23,5% (487,3 million USD). US exchange rate against the dram was 486,26.

All absolute rates are presented based on current prices.


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