The economic activity index for November 2018 made 3.6% against 2017 November, Armenia’s Finance Ministry reports summing up the initial data provided by the Statistical Service of Armenia.
The major share of the growth comes to service sector – 17,2%, trade turnover sector – 5,3%, industry sector – 1,1% and construction sector – 0,2%. In the sphere of agriculture negative index has been registered -8,3%.
As compared with the same span of the past year the volume of trade turnover made 6,9% of which -5% is the export and 12,5% import.
With the results of first 11 months of 2018 the economic activity made 5,7% against the same span of 2017.
As compared with the same span of the past year, the trade turnover has grown by 19,1% – 9,8% export growth and 24,2% import growth have been registered.
Disclaimer: This article was contributed and translated into English by Emil Lazarian. While we strive for quality, the views and accuracy of the content remain the responsibility of the contributor. Please verify all facts independently before reposting or citing.
Direct link to this article: https://www.armenianclub.com/2018/12/21/export-declines-by-5-import-grows-by-12-as-compared-with-same-span-of-2017-finance-ministry-sums-up-the-year/
