Upward trend of wholesales trade in Armenia helps restraining decline of general trade

ArmInfo.In Q1 2016, as compared to the same period of 2015, the wholesales trade increased 4.7% to 173bln drams ($354mln) amid 1.1% decline of general trade to 434.5bln drams ($889mln). For comparison, a year earlier, the wholesale trade fell 5.1% year-on-year amid 6.3% y-o-y decline of general trade. In March alone, the trade turnover in Armenia increased 16.7% to 170.1bln drams, in particular, the wholesale trade increased 24.7%, retail trade - 11.3% and trade in cars - 12.1%.