Armenian service sector generated revenue of $1.2 billion in first two months Monday, April 8 2024 16:56:00
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 ArmInfo.Service sector of Armenia provided revenue in the amount of 473.1 billion drams in Jan-Feb 2024 ($1.2 billion), slowing down in y-o-y growth from 23.5% to 5.2%. This is evidenced by data from the RA Statistical Committee, according to which in February alone, the service sector showed a decline of 0.3% - to 236.2 billion drams ($584.2 million). |
Monday, April 8 2024 16:01
ArmInfo. Metallurgical industry of Armenia increased production volumes by 37% per annum in Jan-Fe 2024 (versus a 31% decline a year earlier). This is evidenced by the data of the RA Statistical Committee. >>> |
Wednesday, April 3 2024 16:54
ArmInfo.The 1.2% deflation in the consumer market of Armenia in March 2024 compared to March 2023 (compared to the 5.4% inflation recorded a year ago) was caused by the drop in food prices. In Q1 2024, inflation was slightly lower than last year's quarterly level - 0.2% versus 0.8%, which was the result of cheaper non-food products. >>> |
Monday, March 25 2024 16:38
ArmInfo. In Armenia, the price index of industrial products decreased in Jan-Feb 2024 compared to the same period in 2023 to 99.6% from 100.8% a year earlier. Such a trend is observed against the backdrop of a sharp acceleration in the y-o-y growth of the industrial sector from 1% to 28.9%, providing volumes of 461.6 billion drams ($1.1 billion), by preliminary data from the RA Statistical Committee. >>> |
Monday, March 25 2024 16:07
ArmInfo. In Armenia, the growth of economic activity in January- February 2024 accelerated to 13.6% per annum (from 10.9% in the same period in 2023). The growth driver was the industrial sector. As preliminary data from the RA Statistical Committee indicate, this was accompanied by a noticeable acceleration in the upward dynamics of exports and imports. >>> |
Tuesday, March 5 2024 16:27
ArmInfo. In Armenia, consumer prices are falling due to cheaper food products, such as cereals, flour, meat, butter, fish, bread, cheeses, vegetables and fruits. In parallel, an increase in prices for gasoline, alcohol and cigarettes is recorded. In addition, the prices of services continue to increase, especially the tariffs for personal transport services have risen sharply, by the data of the RA Statistical Committee. >>> |
Tuesday, January 23 2024 11:42
ArmInfo.Prime Minister Nikol Pashinyan visited the Statistical Committee to participate in the discussion of the activity report 2023 of the Committee. >>> |
Monday, December 25 2023 13:59
ArmInfo. In Armenia, the price index of industrial products decreased in January-November 2023 compared to the same period in 2022 to 101.7% from last year's 102.9%. This was observed against the backdrop of a slowdown in annual growth in the industrial sector from 8.4% to 2.1% - to 2.4 trillion drams ($6.2 billion). >>> |
Monday, December 25 2023 13:58
ArmInfo. In Armenia, the growth of economic activity in January-November 2023 slowed to 9.4% per annum (from last year's 14.4%), accompanied by a very noticeable slowdown in the upward dynamics of exports and imports. >>> |
Monday, December 11 2023 22:43
ArmInfo. By November 1, 2023, Armenia's public debt exceeded $11.1 billion (4.5 trillion drams), having increased by 10% year-on-year (the same as a year ago). >>> |
Friday, December 8 2023 00:20
ArmInfo.In Armenia's foreign trade, the UAE pushed China out of the 2nd place in terms of exports, and the USA is trying to overtake China in terms of imports. But Russia continues to lead in foreign trade turnover with Armenia with a coverage of over 35%, and the milestone of 49.6% has already been reached in exports alone, according to the data of the RA Statistical Committee for January-October 2023. >>> |
Monday, November 27 2023 15:11
ArmInfo. In Armenia, In January-October 2023 compared to the same period in 2022, the price index of industrial products decreased to 101.6% from last year's 103.4%. >>> |
Wednesday, November 22 2023 18:07
ArmInfo.Armenia's GDP in Jan-Sept 2023 slowed down in y-o- y growth from 21% to 12%, almost returning to the rate of two years ago (11.1% in the same period of 2021). At current prices, the absolute value of GDP for 9 months of this year amounted to 6.5 trillion drams ($16.5 billion), against last year's 5.8 trillion drams ($14.2 billion). Of this amount, 40% or 2.6 trillion drams ($6.6 billion) were provided in Q3 2023, against 41.4% or 2.4 trillion drams in Q3 2022, according to the data of the RA Statistical Committee. >>> |
Wednesday, October 25 2023 14:31
ArmInfo.In Armenia, the price index of industrial products decreased in January-September 2023 compared to the same period in 2022 to 101.3% from last year's 104.1%. This was observed against the background of a decline in industrial sector volumes by 0.6% - to AMD 1,800bln ($4.7 billion), while a year earlier an increase of 10% was recorded. >>> |
Wednesday, October 25 2023 14:30
ArmInfo.In Armenia, the growth of economic activity in January- September 2023 slowed to 9.7% per annum (from last year's 14.1%), accompanied by a noticeable slowdown in the upward dynamics of exports and imports. >>> |
Wednesday, October 18 2023 12:09
ArmInfo.Imports of petroleum products to Armenia in the first half of 2023 increased by 10.3% per annum, amounting to 257.6 thousand tons. At the same time, the customs value decreased by 10% - to $228.3 million. This is evidenced by data from the Customs Service of Armenia. >>> |
Friday, October 6 2023 16:04
ArmInfo. The service sector of Armenia in January-August 2023 maintained double-digit growth, but the y-o-y pace slowed down significantly - from 27.1% to 14.8%. According to the data of the RA Statistical Committee, during the reporting period the service sector provided a volume of 1.9 trillion drams ($5 billion). In August alone, the volume of services provided increased by 4%, amounting to 268.7 billion drams ($695.8 million). >>> |
Friday, October 6 2023 15:41
ArmInfo. Revenue of the Armenian communications sector in January-August 2023 amounted to 105.3 billion drams, modestly accelerating in y-o-y growth from 4.5% to 5.1%, according to the data of the RA Statistical Committee. >>> |
Thursday, October 5 2023 14:57
ArmInfo. In Armenia, the growth of economic activity in January-August 2023 slowed to 10.4% per annum (from 13.9% a year earlier), accompanied by a noticeable slowdown in the upward dynamics of exports and imports, according to the final data of the RA Statistical Committee. >>> |
Monday, August 28 2023 18:08
ArmInfo.In 2022, Armenia reduced the volume of exports of copper ore by 4.4% - to 410.6 thousand tons (against a 15.7% decline in 2021). In value terms, the export of copper ore also decreased - by 13.8%, totaling $663 million. >>> |
Tuesday, August 22 2023 14:06
ArmInfo. Last year, Armenia's wine exports totaled 4.7mln liters, a 52.2% increase as compared with 2021, with the customs value totaling $18.8mln (a 62.4%). >>> |
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