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ARMENIAN CONSUMER MARKET GROWS BY 17.3% IN FIRST HALF OF 2006
Noyan Tapan
Aug 09 2006
YEREVAN, AUGUST 9, NOYAN TAPAN. In January-June 2006, the volume of
the Armenian consumer market made 635 bln 920.3 mln drams (about 1
bln 432.7 USD), exceeding the index of the same period of 2005 by
17.3%. According to the RA National Statistical Service, in the first
six months of 2006, trade (whose growth made 16.2% compared with the
first half of 2005) accounted for 67.8% of the consumer market (69.4%
in the same months of 2005) or 431 bln 110.4 mln drams. Services
accounted for 32.2% of the consumer market (30.6% in the first half
of 2005) or 204 bln 809.9 mln drams, with the volume of services
exceeding by 21.1% the index of the first half of 2005. In the first
half of 2006, retail trade accounted for 50.4% of the consumer market
(for 53.5% in 2005) or 320 bln 727.5 mln drams, growing by 12.1%
on the same period of last year.
Car trade accounted for 5.1% (3.7% in 2005) or 32 bln 673.4 mln drams,
exceeding the index of January-June 2005 by 52.5%. The index of car
trade includes both cars and spare parts sold at specialized trade
points and their technical servicing and repair.
Noyan Tapan
Aug 09 2006
YEREVAN, AUGUST 9, NOYAN TAPAN. In January-June 2006, the volume of
the Armenian consumer market made 635 bln 920.3 mln drams (about 1
bln 432.7 USD), exceeding the index of the same period of 2005 by
17.3%. According to the RA National Statistical Service, in the first
six months of 2006, trade (whose growth made 16.2% compared with the
first half of 2005) accounted for 67.8% of the consumer market (69.4%
in the same months of 2005) or 431 bln 110.4 mln drams. Services
accounted for 32.2% of the consumer market (30.6% in the first half
of 2005) or 204 bln 809.9 mln drams, with the volume of services
exceeding by 21.1% the index of the first half of 2005. In the first
half of 2006, retail trade accounted for 50.4% of the consumer market
(for 53.5% in 2005) or 320 bln 727.5 mln drams, growing by 12.1%
on the same period of last year.
Car trade accounted for 5.1% (3.7% in 2005) or 32 bln 673.4 mln drams,
exceeding the index of January-June 2005 by 52.5%. The index of car
trade includes both cars and spare parts sold at specialized trade
points and their technical servicing and repair.