// IP Marketing video - START// IP Marketing video - END

Armenia's economic activity up by 7% year-on-year

Armenia's economic activity up by 7% year-on-year

PanARMENIAN.Net - A number of macroeconomic indicators have grown in the first 10 months of 2017 in Armenia, data provided by the National Statistical Service reveal.

The country's economic activity, in particular, has increased by 7.1% in January-October against the same period last year.

Industrial production has grown by 12.4% in the reporting period, trade turnover is up by 13.6%, while service volumes and electricity production have registered a 14% and 5.4% rise, respectively.

At the same time, the volumes of gross agricultural production and construction dropped by 4% and 1%, respectively.

 Top stories
Mount Maymekh will become a skiing zone under a new project which will attract about $30 million in investments and create some 1600 jobs.
Armenia would become a rock-bottom option in the Eastern European region, maybe in the world, for citizenship through investment.
Cryptocurrency fever seems to have spread to the former Soviet republics with Armenia, the land of Mount Ararat, being one of them.
Armenia’s exports grew 25% in 2017 against 2016 to amount $2,242 billion overall, the National Statistical Service reveals.
Partner news