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Consumer Market Volume Grows 20.4% year over year January-March 2006

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  • Consumer Market Volume Grows 20.4% year over year January-March 2006

    ARMENIAN CONSUMER MARKET VOLUME GROWS BY 20.4% IN JANUARY-MARCH 2006
    ON SAME MONTHS OF LAST YEAR

    YEREVAN, MAY 8, NOYAN TAPAN. In January-March 2006, the volume of the
    Armenian consumer market made 289 bln 629.5 mln drams (about 644 mln
    USD), exceeding by 20.4% the respective index of last year. According
    to the RA National Statistical Service, the trade turnover amounted to
    193 bln 565 mln drams or by 18.3% more than in the same period of
    2005, including the retail trade turnover that made 148 bln 281.9 mln
    drams in current prices, exceeding by 13.6% the respective index of
    the same period of last year in comparable prices, the trade in cars
    that made 13 bln 804.8 mln drams (a 77% increase), and services of 96
    bln 64.5 mln drams (a 22.1% increase). In January-March 2006, trade
    conducted in shops and consumer commodity markets accounted for the
    largest share of retail trade in Armenia - 76.6% (113 bln 626.3 mln
    drams). This tendency is typical of almost all Armenian marzes. Retail
    trade facilities of Yerevan accounted for 86.6% of the RA retail trade
    turnover (128 bln 369.4 mln drams). This is explained by the above
    mentioned factors and the fact that the population of a number of
    marzes (mainly those near Yerevan) tend to purchase goods in Yerevan
    trade facilities.

    From: Emil Lazarian | Ararat NewsPress
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