ARMENIA POSTS DECREASE IN Q3 BUSINESS ACTIVITY INDEX

November 5, 2013 – 19:10 AMT

PanARMENIAN.Net – Armenia’s business activity index dropped 0,8 in Q3,
2013 as compared to last quarter to total 55,6%.

The highest activity index, 57,8% (0,6% decrease against Q2) was
posted in the industrial sector; the lowest activity index – 53,3%
(2,6 % decrease) – was reported in construction sector.

Business environment sector posted a 54,2% index in Q2, 2013,
increasing by 0,4 pct against the previous quarter. The highest
activity index, 56,8% with a 1,1 pct increase was reported in the
industry sector.

The construction and services sectors indices grew to reach 52,3 and
54,7% respectively.

The consumer confidence index dropped by 1,1 pct to total 41,9%,
the Central Bank of Armenia (CBA) press service reported.

From: A. Papazian