Armenian service sector generated revenue of $1.2 billion in first two months Monday, April 8 2024 16:56:00
|
 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 ($584.2 million). |
Tuesday, December 7 2021 15:19
ArmInfo.This January-October saw a double-digit growth in the output of alcoholic beverages, except for a fall in champagne output, in Armenia, the RA Statistical Committee reports. >>> |
Tuesday, December 7 2021 15:04
ArmInfo. The revenue of the textile industry in Armenia in January-October 2021 compared to the same period in 2020 increased 2.1-fold, exceeding 1.4 billion drams. As evidenced by the data of the Statistical Committee of the Republic of Armenia, such a dynamic was provoked by a tangible increase in the production of fabrics and bed linen. >>> |
Tuesday, December 7 2021 15:03
ArmInfo. Electricity generation in Armenia in January- October 2021 amounted to 6163.2 million kWh, having decreased in y-o-y terms by 3.1%, and in October alone increased by 5.8% to 582.3 million kWh. This is evidenced by the data of the RA Statistical Committee. >>> |
Tuesday, December 7 2021 13:04
ArmInfo.By November 2021, the metallurgical industry of Armenia accelerated its y-o-y growth rate from 3.7% to 16.4%. According to the data of the Statistical Committee of the Republic of Armenia, such dynamics was provoked by a surge in the production of castings from unalloyed (carbon) steel, as well as the continued growth in the production of ferromolybdenum and copper concentrate. >>> |
Monday, December 6 2021 18:51
ArmInfo. In January-October 2021, the Armenal plant produced 28,016 thousand tons of aluminum foil, with a deterioration in y-o-y dynamics from 14.6% growth to 5% decline. This is evidenced by the data of the RA Statistical Committee. >>> |
Monday, December 6 2021 18:37
ArmInfo.The volume of industrial production in Armenia in January-October 2021 accelerated the y-o-y growth rate from 0.5% to 1.1%, amounting to 1.848 trillion drams ($ 3.6 billion). This was provoked by the revitalization of the manufacturing industry. According to the Statistical Committee of the Republic of Armenia, in October 2021 alone, industrial production increased its volumes by 3.9%, ensuring the volume of 225.9 billion drams ($ 471.4 million). >>> |
Monday, December 6 2021 18:32
ArmInfo. Russia and China are Armenia's leading foreign trade turnover partners in both exports and imports. According to the final data of the Statistical Committee of the Republic of Armenia, Russia takes the lead in Armenia's foreign trade turnover with a volume of more than $ 2.03 billion in January-October 2021, with a change of y-o-y dynamics from 0.6% decline to 14.3% growth (against 10.5% growth in the pre-COVID comparable period). >>> |
Monday, December 6 2021 18:31
ArmInfo. Armenia's foreign trade turnover in January-October 2021 exceeded $ 6.5 billion, with an improvement in y-o-y dynamics to 13.6% growth (from an 11.4% decline a year earlier), and with a tangible excess of the pre-COVID 6.5% growth rate. >>> |
Monday, December 6 2021 15:48
ArmInfo.Armenia's economic activity in January-October 2021 increased by 4.3% (against a decline of 6.7% a year earlier), while in the pre-COVID period 7.1% growth was recorded (in the same period in 2019). This is evidenced by the final data of the RA Statistical Committee. >>> |
Monday, December 6 2021 12:50
ArmInfo. This January-November, 6% inflation was recorded in Armenia`s consumer market against 0.3% in the corresponding period last year, the cause being a 9.1% rise in prices for foodstuffs (including alcohol and cigarettes) and a 7.4% rise in prices for nonfoods, with a 1.5% rise in prices for services. Last January-November saw a 1% rise in prices for nonfoods, with a 0.9% reduction in prices for foodstuffs and a 1.4% rise in prices for services recorded. >>> |
Monday, November 29 2021 18:54
ArmInfo. Over 9 months of 2021, Armenia's GDP increased by 11.1% per annum - up to 4.8 trillion drams or $ 9.3 billion, against a decline of 6% in the same period in 2020 and 9.7% growth in the Pre-COVID comparable period. This is evidenced by the data of the RA Statistical Committee. >>> |
Thursday, November 25 2021 17:49
ArmInfo.Jan-Sept 2021 saw a 4.3% increase in economic activity against a 6.7% decline last Jan-Sept, with 7.1% increase recorded in Jan-Sept 2019, before the COVID-19 pandemic. >>> |
Monday, November 8 2021 17:30
ArmInfo. In January-September 2021, 45,730 cases of population migration were registered in Armenia, which is 15.8% higher than a year ago. >>> |
Monday, November 8 2021 17:27
ArmInfo. The trade sector of Armenia in January-September 2021 increased revenue by 6.4% per annum (against 11.4% decline a year earlier), providing a volume of 2.4 trillion drams ($ 4.6 billion). According to the Statistical Committee of the Republic of Armenia, such dynamics is due to the change from the recession to the growth of car trade, retail and wholesale trade. >>> |
Monday, November 8 2021 17:27
ArmInfo. In Armenia, in January-September 2021, 26,809 children were born, which is 0.9% higher than a year ago, and in a two-year context, the growth was 1.4%. According to the Statistical Committee of the Republic of Armenia, the birth rate per 1000 inhabitants at the end of the reporting period amounted to 12.1 ppm, against 12 ppm in 2020 and 2019. >>> |
Monday, November 8 2021 17:26
ArmInfo. By October 1, 2021, the population of Armenia decreased by 0.04% or 1.1 thousand people, amounting to 2.967 million people. This is evidenced by the data of the RA Statistical Committee. >>> |
Monday, November 8 2021 16:12
ArmInfo. The volume of cargo transportation in Armenia in January-September 2021 accelerated the y-o-yl growth from 4.9% to 10.4%, amounting to 12,009.3 thousand tons. Of these, 8,291.9 thousand tons (69% of the total) fell on road transport, with an acceleration in annual growth from 5.2% to 17.5% (against an increase of 5.2%). This is evidenced by the data of the RA Statistical Committee. >>> |
Monday, November 8 2021 16:12
ArmInfo. In January-September 2021, the revenue of the communications sector of Armenia amounted to 108.7 billion drams, having increased by 4.9% per annum (against 3.9% decline a year earlier). >>> |
Monday, November 8 2021 13:05
ArmInfo. The revenue of the textile industry in Armenia increased in January-September 2021 compared to the same period in 2020 2.3-fold (against a 39.5% decline a year earlier), amounting to 1.3 billion drams. As evidenced by the data of the Statistical Committee of the Republic of Armenia, such dynamics is due to a tangible increase in the production of fabrics and bed linen. >>> |
Monday, November 8 2021 12:51
ArmInfo. In Armenia, following the results of 9 months of 2021, double-digit growth was registered in all alcoholic beverages produced in the country. In particular, according to the data of the Statistical Committee of the Republic of Armenia, during the reporting period, 30.3 million liters brandy were produced in Armenia, which is 20.9% higher than a year ago (against a 12% decline a year earlier). >>> |
Expert: When there is no trust between private and public sectors, unfortunately, there is no need to talk about right decisions
Expert on Armenia`s international trade growth against "miserable trade pattern" 
Expert: Armenia should use Georgian, Turkish transit opportunities
Yerevan is trying to demonstrate to its Anglo-Saxon `bosses` its readiness to reduce economic cooperation with Iran - political scientist
Gevorg Mantashyan: High-Tech Ministry makes consistent efforts for emergence and progress of startups in Armenia
Bank of Georgia announces proposed acquisition of Ameriabank for $303.6 million