ArmInfo. In Jan 2017, the industrial output in Armenia grew by 12.2% versus Jan 2016 (against 15.7% growth a year before) to 108.2 trln drams ($222.5 mln). The National Statistics Service of Armenia reports that the industrial output growth was due to improving dynamics of manufacturing industry amid the decline of the mining sector.
In Jan 2017 versus the same period of 2016, mining industry and open pit mining decreased by 2.8% (versus 75.9% growth a year before) to 22.6 bln drams. In Jan 2017, manufacturing industry grew by 19.4% versus Jan 2016, and amounted to 53.6 bln drams.
In manufacturing industry, production of furniture in Jan 2017 versus Jan 2016 dropped by 62.9%, machinery and equipment not included in other groups - by 62%, tobacco goods - by 10.3%, non-metallic mineral products - by 6%. In the meantime, production of jewelry grew 3.4-fold, textile - 3.1-fold, electric appliances - 2.5-fold, finished metallic products - 2.3-fold, computers, electric and optical equipment - by 90%, beverages - by 70%. Food products took the lead (16.7 bln AMD), base metals ranked next (13.2 bln AMD), followed by cigarettes (8 bln AMD) and beverages (7.3 bln AMD).
According to statistics, the supply of electric power, gas, steam and conditioned air increased by 11.3% in Jan 2017 versus Jan 2016 (vs 22.8% rise a year before) to 29.9 bln drams. The output, supply and distribution of electric power grew by 5.3% y-o-y, while the supply and distribution of gas grew by 27.6%.
In Jan 2017, the revenues from water supply, waste disposal and recycling grew 6.8% as compared to Jan 2016 (vs 13.5% growth a year before) to 1.9 bln AMD.
The average AMD/USD exchange rate was 486.01 AMD/$1 in Jan 2017 versus 486.04 AMD/$1 in Jan 2016.
