13:20, 31 January, 2020
YEREVAN, JANUARY 31, ARMENPRESS. The economic activity index of Armenia grew 7,8% in 2019 January-December compared to the previous year, the Statistics Committee said in a report.
During the reporting period the volume of industrial output grew 9%, the gross agricultural production dropped 4,2%, construction grew 4,6% and trade turnover grew 8,9%. Volume of services grew 15%.
Consumer price index increased 1,4%, while the industrial product price index 0,5%.
Electricity production dropped 1,9%. Average monthly wages grew 5,8% – totaling 182750 drams (8,4% increase in public sector and 3,8% increase in private sector).
The volume of foreign trade turnover grew 10,4% (exports grew 9,4% and imports grew 10,8%).
Edited and translated by Stepan Kocharyan
Disclaimer: This article was contributed and translated into English by Liana Toganian. 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/2020/02/03/armenia-economic-activity-index-grows-78/