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Armenians have no more money? - newspaper
January 25, 2014 | 08:10
YEREVAN. - According to data released by the Armenian National
Statistical Service, the volume of trade in Armenia fell in December
of last year, as compared to December 2012, Haykakan Zhamanak daily
reports.
`This is an unprecedented phenomenon.
`This indicator means that the population of Armenia has made fewer
purchases on this New Year than last year.
`The volume of trade had increased by 4.8 percent in December 2012, as
compared to the same month in 2011, and the growth in 2011 was 6.7
percent, as compared to December 2010.
`The decline in the volume of New Year shopping [in Armenia] is due to
the continuous decrease in the purchasing power of our population. And
even the double-digit growth in the remittances from abroad is no
longer able to prevent the decline in the purchasing power [of the
people],' Haykakan Zhamanak writes.
http://news.am/eng/news/190976.html
January 25, 2014 | 08:10
YEREVAN. - According to data released by the Armenian National
Statistical Service, the volume of trade in Armenia fell in December
of last year, as compared to December 2012, Haykakan Zhamanak daily
reports.
`This is an unprecedented phenomenon.
`This indicator means that the population of Armenia has made fewer
purchases on this New Year than last year.
`The volume of trade had increased by 4.8 percent in December 2012, as
compared to the same month in 2011, and the growth in 2011 was 6.7
percent, as compared to December 2010.
`The decline in the volume of New Year shopping [in Armenia] is due to
the continuous decrease in the purchasing power of our population. And
even the double-digit growth in the remittances from abroad is no
longer able to prevent the decline in the purchasing power [of the
people],' Haykakan Zhamanak writes.
http://news.am/eng/news/190976.html