Armenia’s economic activity rose by 3.6% in January-April

20.05.2014 14:04
Armenia’s economic activity rose by 3.6% in January-April

YEREVAN, May 20. /ARKA/. Armenia’s economic activity index, according to preliminary statistics, rose by 3.6% in January-April this year compared to the same period of 2013, ArmStat reported.

Consumer prices hiked by 4.6% and industrial producers’ prices by 6.7% compared to January-April 2013, according to the report.

Industrial production output was 369.76 billion drams in the reporting period (1.4% reduction).

Agriculture output amounted to 111.29 billion drams (4.1% increase), construction output was 61.78 billion drams (0.7% increase), domestic trade turnover – 627 billion drams (5.1% increase) and output in the services sector – 317.7 billion drams (2.8% increase).

Armenia’s foreign trade turnover was about $1,812.8 million as of the end of January-April, a 1.6% year-on-year increase.

GDP growth is 5.2% under 2014 budget. ($1 – 413.31drams). --0—


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