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    Categories: News

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

Emil Lazarian: “I should like to see any power of the world destroy this race, this small tribe of unimportant people, whose wars have all been fought and lost, whose structures have crumbled, literature is unread, music is unheard, and prayers are no more answered. Go ahead, destroy Armenia . See if you can do it. Send them into the desert without bread or water. Burn their homes and churches. Then see if they will not laugh, sing and pray again. For when two of them meet anywhere in the world, see if they will not create a New Armenia.” - WS
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