Wednesday, August 3 2016 20:26

ArmInfo. In Jan-June 2016 versus Jan-June 2015, the revenues from the trade sector dropped by 0.3% (versus 8.6% decline a year before) to 973.5 bln AMD ($2 bln), including 199 bln AMD ($417 mln) in June alone, with 15.4% rise versus May 2016. The improvement of the year-over-year dynamics was due to the positive dynamics of wholesale trade and car trade amid the declining revenues of the retail trade. In particular, in Jan-June 2016, the wholesale trade grew by 5% y-o-y to 392.3 bln AMD ($811 mln) versus 2.4% decline a year before.

According to the National Statistical Service of Armenia, in Jan-June 2016 versus Jan- June 2015 retail trade fell by 4.3% (versus 6.7% decline a year before) to 546 bln AMD ($1.1 bln). In June alone, the revenues from retail trade grew by 9.1% to 106.4 bln AMD ($222.8 mln). In the structure of retail trade, the share of stores (including supermarkets) was the biggest - 416 bln AMD, or 76.2% (2.6% year-over-year growth). The share of other trade outlets was 73 bln AMD or 13.4% (31.3% y-o-y decline); the share of consumer markets was 35.2 bln AMD or 6.4% (3% y-o-y decline); the share of stalls was 13.7 bln AMD or 2.4% (3.5% y-o-y decline), and the share of farm markets made up 8.6 bln AMD or 1.6% (0.9% y-o-y growth).

In Jan-June 2016, the purchase and sale of cars sharply grew by 9% to 35.2 bln AMD ($72.8 mln). In June alone, the car trade dropped by 4.7% to 8 bln AMD ($16.7 mln). 

In the structure of the total trade turnover of Armenia, retail trade made up 56.8%, wholesale trade - 39.7%, and the purchase and sale of cars made up 3.5%.

In June 2016, the average AMD/USD exchange rate was 477.53 AMD/$1, and in Jan-June 2016 - 483.86 AMD/$1 versus 475.12 AMD/$1 in June 2015 and 476.87 AMD/$1 in Jan- June 2015.