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Indicator of economic activity in Armenia increased by 104 percent in January-July compared to same period last year
Economic
16:1125 Aug, 2023

Indicator of economic activity in Armenia increased by 104 percent in January-July compared to same period last year

The economic activity index in Armenia grew 10,4% in January-July 2023 compared to the same period of 2022, according to data released by the Statistical Committee.
 
Industrial production volume increased 0,5%, construction grew 17,2% and trade turnover grew 23%.
 
Services grew 14,9%.
 
The consumer price index grew 3,6%, while the industrial product price index remained the same.
 
Electricity production dropped 3,5%.
 
62,6% growth was recorded in foreign trade turnover (exports grew 62,1% while imports grew 63%).
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