Monday, October 22 2018 19:21
Karine Melikyan

In Armenia, the growth of economic activity in the first 9 months of  2018 by 6.5% was mainly supported by the service sector

In Armenia, the growth of economic activity in the first 9 months of  2018 by 6.5% was mainly supported by the service sector

ArmInfo. In Armenia, the  growth of economic activity in January-September 2018 to the same  period of 2017 accelerated from 5.1% to 6.5%. According to  preliminary data of the RA Statistical Committee, only in September  2018, the growth of economic activity was 8.5% with an annual growth  of only 0.2%, against the last year's September growth of 10.1% and  an annual growth of 2.5%.

The growth of economic activity in January-September 2018 largely  determined the services sector - by 19.1% per annum, and in the  lesser trade - by 9.6%, construction - by 7.6% and the industrial  sector - by 4%, and power complex growth was only 0.5%. Against this  background, the agricultural sector demonstrated an annual decline of  4.8%. A year earlier, in January-September 2017, by the same period  of 2016, growth was recorded in the services sector - by 12.8%, in  trade - by 12.5%, in the industrial sector - by 11.9%, and in the  energy complex - by 6.5% , and the agricultural sector and the  construction sector were in decline - by 9.9% and 6.4%, respectively.

The industrial production price index increased by 2.3% in  January-September 2018 compared to the same period in 2017, only in  September 2018 - by 0.2%, and compared to September 2017 it decreased  by 1.1%.  A year earlier, in January-September 2017, over the same  period of 2016, the price index for industrial products increased by  3.8%, in September 2017 compared to September 2016 - by 4.1%, and  only in September 2017 - by 0.1%.

On a monthly basis (in September), the agri-sector, which increased  the volume by 50.7% (against 36.3% growth in September 2017), gave a  decisive impetus to the growth of economic activity. The monthly  growth of the remaining spheres was much more modest: the service  sector - 5.7% (against 5.9% growth in September 2017), the  construction sector - 4.4% (against 11.1% growth in September 2017),  trade - 2.1% (against 3.1% growth in September 2017), industrial  sector - 0.6% (against 4.7% growth in September 2017). The power  complex in September 2018 showed negative dynamics (11%), against a  more modest decline in the same month last year (1.7%).

In annual terms (September 2018 by September 2017), the decline was  recorded in the agricultural sector and energy complex - by 17.7% and  5.5%, respectively, while the remaining areas showed growth, with the  most impressive uptrend in the service sector - 19, 8%, followed by  the commercial sector - 8.8%, the construction sector - 3.5% and the  industrial sector - 0.9%. A year earlier, in September 2017 to  September 2016, growth was recorded in the services sector - 16.2%,  in the commercial sector - 14.2%, in the industrial sector - 8.3%, in  the energy complex - 5.2% and in the construction sector - 1.3% , and  the only decline - in the agricultural sector - by 11.6%.

According to statistics in January-September 2018, in absolute terms,  the leadership is held by the commercial sector with a volume of 2.04  trillion. drams ($ 4.2 billion). The service sector ranked second -  1.3 trillion drams ($ 2.61 billion), displacing the industrial sector  to third position - 1.2 trillion ($ 2.58 billion), fourth place -  agriculture - 595.1 billion drams ($ 1.2 billion), and the fifth -  construction sector - 245.9 billion drams ($ 510 million). The volume  of electricity generation in January-September 2018 was 5776 million  kWh, of which 588 million kWh. - only in September.  At the same  time, the foreign trade turnover of Armenia in January-September 2018  amounted to 2582.7 billion drams ($ 5355.7 million) with an annual  growth of 22.4%. In its structure, the volume of exports has  undergone an annual growth of 11.6% to 855.4 billion drams ($ 1774.1  million), and imports - an annual growth of 28.6% to 1727.3 billion  drams ($ 3581.6 million). In September 2018, by September 2017,  Armenia's foreign trade turnover decreased by 3.6% due to export  growth by 14.8%, while imports grew by 2.7%, and only in September  2018, a drop in foreign trade turnover by 10.1% provoked 9.3% and  exports by 11.6%. A year earlier, in January-September 2017, foreign  trade turnover increased by 21.7% due to growth in exports by 19.1%,  while imports grew by 23.2%. In September 2017 by September 2016,  Armenia's foreign trade turnover increased by 23.1% due to growth in  imports by 29.1% and more modest export growth by 11.7%. In September  2017 alone, Armenia's foreign trade turnover increased by 10% due to  a 22% increase in imports, while exports fell by 9.6%.  The average  settlement rate of dram in September 2018 was 483.82 others / $ 1,  and in January-September 2018 - 482.21 others / $ 1, against 478.24  others / $ 1 in September 2017 and 482.59 others / $ 1 in  January-September 2017

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Exchange rates
16.11.2018
RUB7.350.04
USD485.72-1.55
EUR550.711.02
GBP621.53-1.44
CAD368.810.36
JPY42.84-0.14
CNY70.01-0.21
CHF482.30-1.63

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Government Bonds

 

ISIN AMGB1029A250
Auction ID AMGB1029A250A
Date 12.05.2017
Issue date 29.10.2015
Issue volume (AMD) 50 000 000 000
Maturity date 29.10.2025
Coupon year yield 11.00%
Auction volume (AMD) 1000 000 000 - 2.000 000 000
Auction date 12.05.2017
DLS
Total amount (AMD) 1 000 000 000
Amount of the total bids (AMD) 787 200 000
Amount of the total accepted bids (AMD) 787 200 000
Cut of yield (%) 10,6447
Weighted avrage yield (%) 10,6447
Auction max  yield (%) 10,6447
Auction min  yield (%) 10,6447
Number of participants 5
ArmEx

 

СПРОС (Покупка)

USD

Средневзв. Цена

482,00

ПРЕДЛОЖЕНИЕ (Продажа)

  USD

Средневзв. Цена

-

СДЕЛКИ

USD

Цена откр.

482,00

Цена закр.

482,00

Мин. Цена

482,00

Макс. Цена

482,00

Ср/взв. Цена

482,00

-0.16

Кол-во сделок

1

Объем (инвал.)

200 000

0бъем (драм)

96 400 000

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