Armenian Consumer Market Grows By 16.6% In January-November 2006 On

ARMENIAN CONSUMER MARKET GROWS BY 16.6% IN JANUARY-NOVEMBER 2006 ON SAME PERIOD OF PREVIOUS YEAR

Noyan Tapan
Jan 09 2007

YEREVAN, JANUARY 9, NOYAN TAPAN. In January-November 2006, the
volume of the Armenian consumer market made 1 trillion 344 billion
61.3 million drams (about 3 bln 195 mln USD), exceeding by 16.6% the
index of the same months of the previous year (at comparable prices).

According to the RA National Statistical Service, trade turnover made
915 bln 734 mln drams: this index grew by 14.4% on the first eleven
months of 2005.

Trade made up 68.1% of the consumer market in January-November 2006
against 69.7% in the same period of the previous year.

Car trade, including sale, technical servicing and repairs of cars and
their spare parts at specialized trade points, made 63 bln 732.6 mln
drams, or by 37.3% more than in the first eleven months of 2005. Car
trade made up 3.9% of the consumer market in January-November 2005
and 4.7% in the same months of 2006.

Retail trade amounted to 682 bln 755.1 mln drams in January-November
2006, exceeding by 10.4% the index of the same months of the
previous year. Retail trade made up 53.9% of the consumer market in
January-November 2005 and 50.8% in the same months of 2006.

Services amounted to 428 bln 327.3 mln drams in the eleven months
of 2006, growing by 21.7% on January-November of the previous year,
their share made 30.3% of the country’s consumer market in the first
eleven months of 2005 against 31.9% in January-November 2006.

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