 Armenia posts decrease in Q3 business activity index November 5, 2013 - 19:10 AMT PanARMENIAN.Net - Armenia’s business activity index dropped 0,8 in Q3, 2013 as compared to last quarter to total 55,6%. The highest activity index, 57,8% (0,6% decrease against Q2) was posted in the industrial sector; the lowest activity index - 53,3% (2,6 % decrease) - was reported in construction sector. Business environment sector posted a 54,2% index in Q2, 2013, increasing by 0,4 pct against the previous quarter. The highest activity index, 56,8% with a 1,1 pct increase was reported in the industry sector. The construction and services sectors indices grew to reach 52,3 and 54,7% respectively. The consumer confidence index dropped by 1,1 pct to total 41,9%, the Central Bank of Armenia (CBA) press service reported.   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 |  Latest news Czech-Armenian military cooperation discussed in Yerevan  A delegation led by the Director General for the Industrial Cooperation Division of the Ministry of Defence of the Czech Republic visited Armenia.U.S. welcomes efforts to define Armenia-Azerbaijan border The United States welcomes efforts to define the border between Armenia and Azerbaijan, says Vedant Patel.Biden honors resilience of Armenian people on April 24 U.S. President Joe Biden has issued a statement on the 109th anniversary of the Armenian Genocide.Ex-Karabakh leader moved to solitary confinement cell in Baku, his son says David Vardanyan is the son of former Karabakh leader Ruben Vardanyan who who is currently imprisoned in Azerbaijan. |
