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Industry, Agriculture Promote Economic Activity Increase In Armenia

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  • Industry, Agriculture Promote Economic Activity Increase In Armenia

    INDUSTRY, AGRICULTURE PROMOTE ECONOMIC ACTIVITY INCREASE IN ARMENIA

    October 21, 2013 - 17:31 AMT

    PanARMENIAN.Net - Armenia's economic activity index grew by 10,3%
    in September 2013 as compared with August 2013, according to the
    National Statistical Service of Armenia.

    Consumer prices grew by 8,2% in September 2013 as compared with the
    same period in 2012. 0,2% deflation was reported in September 2013
    as compared with August.

    The national budget envisages 6,2%, economic growth, and 4±1,5%
    inflation for 2013.

    Ð~P 12,7% industry growth was reported in September 2013 against the
    same period in 2012, with a month-on-month increase of 6,7% reported.

    A 1,5% increase was posted in the sector of agriculture in September
    2013 against the same period in 2012, with a 29,4% month-on-month
    growth reported.

    In January-September 2013, a 9,2% drop in construction was posted
    against the same period in 2012, with a year-on-year decrease
    totaling 11,9%.

    Armenia posted a 0,9% trade turnover drop in September 2013 against
    the same period in 2012, 0,4% increase in the services sector and 0,5%
    drop in the energy sector reported.

    Armenia's foreign trade turnover totaled $513,1 mln (AMD 209,5 bln)
    in September 2013 increasing by 18,4% compared with the same period
    in 2012, according to updated statistical data.

    Export amounted to $136,4 mln (AMD 55,7 bln) in September 2013,
    increasing by 23,3%. against 2012 results. The monthly export fell
    by 7,6%.

    A 16,7% increase was recorded in import bringing it to $376,7 mln
    (AMD 153,8 bln,) the RA National Statistical Service reported.

    The negative balance of foreign trade turnover amounted to $1 992,4
    mln (AMD 818,5 bln) in January-September 2013 compared with the same
    period in 2012.

    http://www.panarmenian.net/eng/news/171569/

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