Industry, agriculture promote economic activity increase in Armenia

Industry, agriculture promote economic activity increase in Armenia

PanARMENIAN.Net - Armenia’s economic activity index grew by 10,3% in September 2013 as compared with August 2013, according to the National Statistical Service of Armenia.

Consumer prices grew by 8,2% in September 2013 as compared with the same period in 2012. 0,2% deflation was reported in September 2013 as compared with August.

The national budget envisages 6,2%, economic growth, and 4±1,5% inflation for 2013.

А 12,7% industry growth was reported in September 2013 against the same period in 2012, with a month-on-month increase of 6,7% reported.

A 1,5% increase was posted in the sector of agriculture in September 2013 against the same period in 2012, with a 29,4% month-on-month growth reported.

In January-September 2013, a 9,2% drop in construction was posted against the same period in 2012, with a year-on-year decrease totaling 11,9%.

Armenia posted a 0,9% trade turnover drop in September 2013 against the same period in 2012, 0,4% increase in the services sector and 0,5% drop in the energy sector reported.

Armenia’s foreign trade turnover totaled $513,1 mln (AMD 209,5 bln) in September 2013 increasing by 18,4% compared with the same period in 2012, according to updated statistical data.

Export amounted to $136,4 mln (AMD 55,7 bln) in September 2013, increasing by 23,3%. against 2012 results. The monthly export fell by 7,6%.

A 16,7% increase was recorded in import bringing it to $376,7 mln (AMD 153,8 bln,) the RA National Statistical Service reported.

The negative balance of foreign trade turnover amounted to $1 992,4 mln (AMD 818,5 bln) in January-September 2013 compared with the same period in 2012.

 Top stories
Yerevan has dismissed Turkey’s demand to shut down the Armenian nuclear power plant as “inappropriate”.
Armenia will loan 2.9 billion drams to Nagorno Karabakh (Artsakh), according to a draft government decision.
The Ministry of Ecology and Natural Resources of Azerbaijan has “strongly condemned” Armenia’s decision.
Kerobyan has said that for the first time in the history of Armenia, the volume of foreign direct investments amounted to about $1 billion.
Partner news
---