YEREVAN, July 20. /ARKA/. Armenia's economic activity index for Jan-June 2017 rose 6.1%, compared with that of the same period a year earlier, the National Statistical Service reported on Thursday.
The economic activity growth has been ensured by three segments of the national economy – industry, trade and services.
The country's industrial output amounted to AMD 760.3 billion in Jan-June 2017 accounting for a 12.4% year-on-year growth, services totaled AMD 648.7 billion with a 10.9% growth and domestic trade turnover grew 12.6% to AMD 1 121.7 billion.
Instead, the construction sector, with its AMD 11.7 billion in Jan-June 2017, faced a 10% year-on-year decline, and agriculture, with its AMD 247.1 billion, accounted for a 1.4% gross product decline.
Inflation was recorded at 0.5% in Jan-June 2017.
Armenia's foreign trade amounted to about $2 815.1 million in Jan-June 2017 with a 24% year-on-year growth.
In the government budget for 2017, economic growth is projected at 3.2%. ($1 – AMD 478.54). –0—