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 ($584.2 million). |
Wednesday, August 5 2020 13:59
ArmInfo.Deflation of 1.1% was recorded in the consumer market of Armenia in January-July 2020, against 1.8% deflation in the same period of 2019. According to the RA Statistical Committee, this was provoked by a decrease in prices for food products (including alcohol and cigarettes) by 2.7% and non-food products by 1.2%, while tariffs for services increased by 0.9%. >>> |
"Armenal" provided the highest indicator for the entire period of foil-rolling production in Armenia
Wednesday, August 5 2020 13:58
ArmInfo. In the first half of 2020 "Armenal" plant provided the highest indicator for the entire period of foil-rolling production in Armenia. Thus, according to the Statistical Committee of the Republic of Armenia, during the reporting period, the production of aluminum foil increased by 13.7% in y-o-y terms (against 5.8% decline in the previous year), amounting to 17 443 tons. >>> |
Wednesday, July 8 2020 12:23
ArmInfo. The turnover of the Armenian trade sector continues to decline. According to the RA Statcommittee, in January-May 2020, the trade sector showed a decline of 10.8% yoy (against growth of 9.4% a year earlier), with a volume of 1.027 trillion. drams ($ 2.1 billion). This decline is due to a noticeable decline in retail sales and slightly smaller car and wholesale trade. However, only in May 2020, the trade sector showed a growth of 33.3% after the April recession of 29.4%, with a volume of 210.6 billion drams ($ 435 million). >>> |
Tuesday, July 7 2020 20:47
ArmInfo. In January-May 2020, the production volumes of alcoholic beverages produced in Armenia demonstrate a downward trend. According to the RA Statistical Committee, during the reporting period, the volumes of absolutely all alcoholic beverages produced in Armenia decreased. >>> |
Tuesday, July 7 2020 18:58
ArmInfo. In the first half of 2020, inflation in the consumer market of Armenia was recorded at 1%, against 0.1% inflation in the same period of 2019. This was triggered by a 2.3% rise in prices for foodstuffs and an increase in tariffs for services by 0.6%, amid drop in prices of non food products (including alcohol and cigarettes) by 0.9%. In y-o-y terms (compared with the first half of 2019), the consumer market recorded inflation of 0.5% (against inflation of 2% a year ago), which was facilitated by a rise in price of non-food products by 1% and an increase in tariffs for services by 1.3%, with no changes in prices of food prices. According to the data of the Statistical Committee of the Republic of Armenia, the average monthly growth in consumer prices amounted to 0.2% in the first half of 2019, against the growth by 0.02% a year earlier. >>> |
Tuesday, July 7 2020 18:28
ArmInfo. Armenian metallurgical industry is increasing production volumes. According to the data of the Statistical Committee of the Republic of Armenia, in January-May 2020 the sector ensured growth of volumes by 24.4%, against the 7.4% decline a year earlier for the same period. In particular, the production of copper concentrate increased by 24.1% to 156.8 thousand tons, against a decline of 9.2% a year earlier. In monthly terms, copper concentrate production increased by 10.1% to 35.1 thousand tons. >>> |
Tuesday, July 7 2020 15:21
ArmInfo. In Armenia in January-May 2020 electricity generation amounted to 3,246.1 million kWh, with a y-o-y growth of 8.3% (against a decline of 7.4% a year earlier). >>> |
Wednesday, June 10 2020 20:59
ArmInfo. In the first years in many years, the Armenian trade sector began to decline, which was associated with the introduction of restrictions by the Commander for emergency situations on a number of economic activities due to the spread of a new type of coronavirus. Thus, according to the RA Statistical Committee, the revenue of the Armenian trade sector in January-April 2020 decreased by 8.6% (against growth by 9.8%), amounting to 816.1 billion drams ($ 1.6 billion). The last time a decrease in trade in the Republic of Armenia was registered in January-October 2016 (0.1%). At the same time, in April 2020 alone, trade turnover in Armenia showed a decline of 29.4% (annual decline of 1.8%) to 158.5 billion drams ($ 324.4 million). >>> |
Tuesday, June 9 2020 14:03
ArmInfo. Communication sector's revenues of Armenia amounted to 45.8 billion drams ($ 95 million) in January-April2020, having decreased by 2.8% year on year, against the 4.5% decline a year earlier. According to the RA Statistical Committee, of the total proceeds, the lion's share is provided by the telecommunication sector - 90.3% or 41.4 billion drams with an y-o-y decline of 3.1% (against the 8.7% decline a year earlier). >>> |
Tuesday, June 9 2020 14:01
ArmInfo. In January-May 2020, inflation in the consumer market of Armenia was recorded at 2.5%, against 2% inflation in the same period of 2019. According to the Statistical Committee of the Republic of Armenia, this was triggered by an increase in the prices of food products (including alcohol and cigarettes) by 5.6% (against 3.7% a year earlier) and tariffs on services - by 0.4% (against the same 0.4% a year earlier), with the cheapening of non-food products by 0.5% (against the rise in price by 0.9% a year earlier). In y-o-y terms (compared with January-May 2019), the consumer market recorded inflation of 0.3% (versus inflationary 1.9% a year ago), which was facilitated by a rise in price of non-food products by 1.2% and an increase in tariffs for services by 1,3%, while the cost of food products declined by 0.6%. >>> |
Tuesday, June 9 2020 12:38
ArmInfo. In Armenia, economic activity in January-April 2020 fell by 1.7% per annum (against 7% growth a year earlier), against the backdrop of a decline in exports and imports by 8.1% and 11.5%, respectively. According to the final data of the Statistical Committee of the Republic of Armenia, the industrial sector, the services sector and the energy sector demonstrated growth while, the trade and construction sectors were in decline, and the data on the agricultural sector are published in the statistical report only quarterly. >>> |
Monday, June 8 2020 20:17
ArmInfo. The metallurgical industry of Armenia increased in January-April 2020. production volumes by 28%, against the 13.1% decline a year earlier. This is evidenced by the data of the Statcommittee of the Republic of Armenia. >>> |
Monday, June 8 2020 17:52
ArmInfo. Electricity generation in Armenia in January-April 2020 amounted to 2670.7 million kWh, with y-o-y growth of 10.3%, against a decline of 9.2% a year earlier. However, in April alone a decline of 5.6% was recorded to 587.4 million kWh. >>> |
Monday, June 8 2020 17:46
ArmInfo. The negative trend of the manufacturing industry in January-April 2020 affected the growth date of the industrial sector in Armenia. According to the data of the Statistical Committee of the Republic of Armenia, during the reporting period, the volume of industrial production of Armenia increased by 4.2% versus the same period of 2019 (against the 4.5% growth a year earlier), amounting to 585.2 billion drams ($ 1.2 billion). In April alone, the industry showed a decline of 9.2% to 135 billion drams ($ 275.8 million). >>> |
Monday, June 8 2020 12:02
ArmInfo. In January-April 2020, the y-o-y output of aluminum foil in Armenia increased by 12.5%, amounting to a total of 11,686 tons, against the 4.1% decline a year earlier over the same period. >>> |
Monday, May 25 2020 19:46
ArmInfo. The negative balance of foreign trade turnover of Armenia has decreased in January-April 2020 by 16.2% per annum, against the growth of 9.2% a year earlier. >>> |
Monday, May 25 2020 15:07
ArmInfo.Economic activity in Armenia, in January-April 2020 has decreased by 1.7% per annum (against 7% growth a year earlier), against the backdrop of a decline in exports and imports by 8.1% and 11.5%, respectively. According to preliminary data of the RA Statistical Committee, in the industry breakdown, the industrial sector, the services sector and the energy sector showed growth, the sectors of trade and construction were in decline, and data on the agricultural sector are published in the statistical report only quarterly. >>> |
Wednesday, May 20 2020 16:47
ArmInfo. In the first quarter of 2020 the service sector in Armenia reduced the y-o-y growth rate from 17.3% (for the same period of 2019) to 5.7%, amounting to 452.4 billion AMD ($ 937.8 million). According to the data of the Statistical Committee of the Republic of Armenia, for March 2020 the volume of services provided decreased by 5.3%, to 147.1 billion drams (over $ 301 million). >>> |
Monday, May 11 2020 18:44
ArmInfo. Revenues of the communication sphere of Armenia in the first quarter of 2020 amounted to 34.8 billion drams ($ 72.2 million), decreasing by 1.2% year on year, against the 2.3% growth a year earlier. >>> |
Monday, May 11 2020 18:40
ArmInfo.The volume of cargo transportation in Armenia in the I quarter of 2020 increased by 2.6% compared to the same period of the previous year - up to 2927.3 thousand tons, against the decline by 60.3% a year earlier. Of these, 1,592.8 thousand tons (54.4% of the total) accounted for road transport, which decreased by 4.8%, against a decline of 72.2% a year earlier. This is stated in the report of the Statistical Committee of the Republic of Armenia. >>> |
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