Armenia industry expanded by more than 13% year-on-yearJune 26, 2018 - 16:11 AMT PanARMENIAN.Net - Armenia’s economic activity index grew by 10.4% in May against the same period last year, while the volume of industrial production expanded by 13.3% in the reporting period. According to data provided by the National Statistical Service, the volume of gross agricultural output grew by about 42%, while construction and trade turnover expanded by 2.4% and 12.1%, respectively Also, the average monthly wages slightly increased (0.1%), the statistics agency said. Exports, meanwhile, dropped 5% in the reporting period, but imports grew by 12% year-on-year. 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 | Scholz hopes Armenia-Azerbaijan peace treaty will be signed this year German Chancellor Olaf Scholz hopes that a peace treaty between Armenia and Azerbaijan will be signed this year. Ucom equips four bus stops in Ijevan with free Wi-Fi Ucom now provides free Wi-Fi coverage in smart bus stops in four communities of Ijevan. Armenians stage more campaigns against territorial concessions to Azerbaijan Protesters blocked more roads across Armenia on Friday, April 26 in continuing attempts to scuttle territorial concessions to Azerbaijan. 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. |