Armenian service sector generated revenue of $1.2 billion in first two months Monday, April 8 2024 16:56:00
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 ArmInfo.Service sector of Armenia provided revenue in the amount of 473.1 billion drams in Jan-Feb 2024 ($1.2 billion), slowing down in y-o-y growth from 23.5% to 5.2%. This is evidenced by data from the RA Statistical Committee, according to which in February alone, the service sector showed a decline of 0.3% - to 236.2 billion drams ($584.2 million). |
Wednesday, April 5 2023 17:23
ArmInfo. As a result of the stabilization of food prices, in the consumer market of Armenia in March 2023, compared to March 2022, inflation decreased to 5.4% (from 7.4% a year earlier). In Q1 2023 also, inflation was lower than last year's quarterly level of 0.8% against 3.5%, which was also the result of the stabilization of food prices and the reduction in the cost of non-food products. >>> |
Wednesday, April 5 2023 15:14
ArmInfo.In Armenia, economic activity in January-February 2023 increased by 10.9% compared to January-February 2022 (against 12% growth a year earlier), far exceeding the pre-Covid 6.5% growth of the same period in 2019. >>> |
Monday, February 27 2023 16:27
ArmInfo. Armenia's economic activity increased by 10.5 percent in January 2023 compared to January 2022 (against 15.4% growth a year earlier), far exceeding the pre- Covid 6.1% growth in the same period in 2019. In January alone, economic activity decreased by 46.1% (against a 45% decline in January 2022 and a 46.9% decline in January 2019), and the decline was recorded in all areas. >>> |
Tuesday, February 7 2023 23:46
ArmInfo. In January 2023, 159,475 tourists visited Armenia, which is 69% more than a year ago. >>> |
Monday, December 5 2022 17:20
ArmInfo. In Armenia, economic activity in January-October 2022 accelerated growth to 14.5% per annum (from 4.3% a year earlier), far exceeding the pre-Covid 7.1% growth (in the same period in 2019). This is accompanied by impressive growth in exports and imports. This is evidenced by the final data of the RA Statistical Committee, according to which the service sector continues to be the driver of economic growth to a greater extent. >>> |
Monday, October 10 2022 20:58
ArmInfo.5,867.6 million kWh of electricity was produced in Armenia in January-August 2022, which is 16.6% higher than the figure of a year ago (against the 1.5% decrease of the previous year). According to the data of the RA Statistical Committee, in August alone electricity generation increased by 2.7% - up to 749.9 million kWh. >>> |
Friday, September 2 2022 18:51
ArmInfo. In H1 2022, Armenia significantly increased the export of polished diamonds (2.1-fold) up to 715.2 thousand carats, while their customs value increased 2.8-fold to $134.1 million. This is evidenced by the data of the RA Customs Service. >>> |
Friday, September 2 2022 16:39
ArmInfo. In H1 2022, Armenia exported 2,514.8 kg. gold (including electroplating), which is 76% higher than a year ago. The customs value of exported gold also increased significantly - by 75%, amounting to $93.9 million. This is evidenced by the data of the RA Customs Service. >>> |
Thursday, August 25 2022 22:59
ArmInfo. In H1 2022, 213,652 citizens of the Republic of Armenia (32.7% of the total number of migrants) returned to Armenia from abroad, which is 56% more than a year ago. According to the data of the border electronic management system, during the reporting period, 255,460 citizens of the Republic of Armenia left the country (40.1% of the total number of migrants), with a y-o-y increase of 19.1%. >>> |
Thursday, August 25 2022 14:57
ArmInfo.An increase in economic activity up to 13.1% (5.2% last year) in Armenia this January-July, was accompanied by an upward trend in exports and imports. This July against July 2021, 19.4% economic activity was recorded (5.8% in the corresponding period last year), with 8.5% growth recorded this July against 17% this June, similarly to last July (7.4% against 12% last June). >>> |
Tuesday, August 9 2022 16:55
ArmInfo.The service sector sharply accelerated growth in Armenia, in H1 2022, from 2.7% to 26.9%, as a result of which its volume exceeded 1.1 trillion drams ($2.4 billion). This is evidenced by the data of the RA Statistical Committee, according to which in June alone, the volume of services provided increased by 8% (against 3.9% a year earlier), amounting to 226.7 billion drams ($536.4 million). >>> |
Tuesday, August 9 2022 16:43
ArmInfo. In the first half of 2022, This January, the cargo traffic totaled 8,332.6 thousand tons - an 11.2% increase against an 18.4% increase last year. During the period under review, passenger traffic showed a 40.4% increase against a 17.7% increase (71,030.5 thousand passengers). >>> |
Tuesday, August 9 2022 16:31
ArmInfo.The trade sector of Armenia in H1 2022 accelerated y-o-y growth from 8% to 10.7%, with a volume of 1.8 trillion drams ($3.8 billion). According to the RA Statistical Committee, in June alone, the trade sector provided revenue of 378.7 billion drams ($896 million), with a monthly increase of 12.8% (against 7.2% growth in June 2021). >>> |
Tuesday, August 9 2022 12:37
ArmInfo. In the first half of 2022, the proceeds of Armenia`s communication service system totaled AMD 73.965bln or $158mln - a year-on-year increase of 4.5%. >>> |
Monday, August 8 2022 18:13
ArmInfo. Production volumes in the industrial sector of Armenia in H1 2022 accelerated growth to 5.8% (from 2.1% a year earlier), reaching 1.2 trillion drams ($2.5 billion). This is evidenced by the data of the RA Statistical Committee, according to which the industry showed an increase of 17.1% with ay-o-y growth of 19 % in June alone (June 2022 to June 2021). >>> |
Friday, August 5 2022 16:17
ArmInfo. The growth of economic activity in Armenia accelerated in H1 2022 to 11.8% per annum (from 5% in the first half of 2021), exceeding even the pre-Covid 6.5% growth in H1 2019, which was accompanied by a surge in imports and exports. >>> |
Friday, August 5 2022 15:52
ArmInfo. 16,009.1 thousand tons of aluminum foil were produced in Armenia in H1 2022, which is 5.5% lower than the indicator of a year ago (against a 2.9% decline a year earlier). >>> |
Friday, August 5 2022 15:51
ArmInfo.The metallurgy industry of Armenia reduced its volumes in H1 2022 by 7% while a year earlier in the same period a 20.3% growth was recorded. >>> |
Thursday, August 4 2022 12:58
ArmInfo.This July, 9.3% inflation was recorded in Armenia's consumer market against 8.2% inflation last July because of a 12.9% rise in food prices (including prices for cigarettes and alcohol) and an 8.2% rise in nonfood prices, with a 5.7% rise in prices for services. Last July against July 2020, a 13.1% rise in food prices and a 9.6% rise in nonfood prices was recorded, with a 1.8% rise in prices for services. >>> |
Monday, July 25 2022 17:06
ArmInfo. In Armenia, economic activity in H1 2022 increased by 11.8% per annum (against 5% growth in H1 2021 and 6.5% growth in H1 2019), which is accompanied by high growth rates of imports and exports. In June of this year, by June 2021, economic activity increased by 18.5% (against 8% growth a year earlier and 3.4% growth in 2019), while in June 2021 alone accelerating growth to 17% from 6.1% in May (against a similar growth acceleration in June 2021 from 2% to 12%, and a slowdown from 8.4% to 8.2% in June 2019). This is evidenced by the preliminary data of the RA Statistical Committee. >>> |
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