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Economic Activity Index Grows In Armenia

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  • Economic Activity Index Grows In Armenia

    ECONOMIC ACTIVITY INDEX GROWS IN ARMENIA

    Xinhua General News Service, China
    March 21, 2013 Thursday 8:24 AM EST

    Armenia's economic activity index for the first two months of 2013
    increased 8 percent compared to the same period last year, according
    to the National Statistical Service.

    The index rose 7.8 percent in the service sector and 2.2 percent in
    agriculture. Trading turnover grew by 6.7 percent.

    The production volume for industrial products grew 16 percent. The
    construction sector, however, continued to decline. The volume of
    construction represented 92 percent of the economic activity index.

    Production of electricity increased by a small 0.7 percent. Volume
    of foreign trade turnover in the months of January and February grew
    14 percent. Exports were up 30.4 percent while a 8.9 percent increase
    of imports was recorded.



    From: Emil Lazarian | Ararat NewsPress
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