Industry, Agriculture Promote Economic Activity Increase In Armenia

INDUSTRY, AGRICULTURE PROMOTE ECONOMIC ACTIVITY INCREASE IN ARMENIA

October 21, 2013 – 17:31 AMT

PanARMENIAN.Net – Armenia’s economic activity index grew by 10,3%
in September 2013 as compared with August 2013, according to the
National Statistical Service of Armenia.

Consumer prices grew by 8,2% in September 2013 as compared with the
same period in 2012. 0,2% deflation was reported in September 2013
as compared with August.

The national budget envisages 6,2%, economic growth, and 4±1,5%
inflation for 2013.

Ð~P 12,7% industry growth was reported in September 2013 against the
same period in 2012, with a month-on-month increase of 6,7% reported.

A 1,5% increase was posted in the sector of agriculture in September
2013 against the same period in 2012, with a 29,4% month-on-month
growth reported.

In January-September 2013, a 9,2% drop in construction was posted
against the same period in 2012, with a year-on-year decrease
totaling 11,9%.

Armenia posted a 0,9% trade turnover drop in September 2013 against
the same period in 2012, 0,4% increase in the services sector and 0,5%
drop in the energy sector reported.

Armenia’s foreign trade turnover totaled $513,1 mln (AMD 209,5 bln)
in September 2013 increasing by 18,4% compared with the same period
in 2012, according to updated statistical data.

Export amounted to $136,4 mln (AMD 55,7 bln) in September 2013,
increasing by 23,3%. against 2012 results. The monthly export fell
by 7,6%.

A 16,7% increase was recorded in import bringing it to $376,7 mln
(AMD 153,8 bln,) the RA National Statistical Service reported.

The negative balance of foreign trade turnover amounted to $1 992,4
mln (AMD 818,5 bln) in January-September 2013 compared with the same
period in 2012.