Monday, November 21 2016 13:42
Karine Melikyan

Economic activity growth in Armenia slackened to 0.4% in Jan-Oct 2016

ArmInfo. In Jan-Oct 2016, the  economic activity growth in Armenia slackened to 0.4% from 3.5% in  Jan-Oct 2015. Services and industry remained the driving force of  economic activity. According to the preliminary data of the Armenian  National Statistical Service, in October alone economic activity  dropped by 18.7% (down 7.8% versus Oct 2015). 

In Jan-Oct 2016, services grew by 7.7%, and industry - by 6.5% versus  Jan-Oct 2015. In the meantime, trade dropped by 0.1%, agriculture -  by 7.3%, power engineering - 6.3%, construction - by 9.8%. 

In Jan-Oct 2016, the consumer price index rose by 0.5% versus Jan-Oct  2015, while in October 2016 it grew by 5.8% versus Oct 2015, and  dropped by 1.2% versus Sept 2016. 

In October 2016 power engineering grew by 0.7% and construction - by  0.5%, while agriculture declined by 27.7%, industry - by 2.5%, trade  - by 2.4%, services - by 3%. 

As compared to October 2015, services grew by 4.9%, industry - by  2.4%, and industry - by 0.4%, while agriculture declined by 29.8%,  construction - by 12.2%, and power engineering - by 4%.

In Jan-Oct 2016 trade amounted to 1.8 trillion AMD ($3.7 bln),  industry - 1.2 trillion ($2.4 bln), services - 1.03 trillion AMD  ($2.2 bln), agriculture - 757.3 bln AMD ($1.6 bln), construction -  275.6 bln AMD ($573.7 mln), electricity output totaled 5991.4 mln  kWh, including 595.3 mln kWh in October alone.  

At the same time, in Jan-Oct 2016 the foreign trade turnover of  Armenia totaled 1952.3 bln AMD ($4067 mln), with a 6.1%  year-over-year growth. Exports increased by 19.8% to 697.8 bln AMD  ($1453.7 mln), and imports decreased by 0.3% to 1254.5 bln AMD  ($2613.3 mln). 

The average AMD/USD exchange rate made up 475.25 AMD/1USD in October  2016, and 480.45 AMD/1USD in Jan-Oct 2016, versus 472.55 AMD/$1 in  October 2015 and 477.19 AMD/$1 in Jan-Oct 2015.


News


Exchange rates
20.10.2020
RUB6.33-0.01
USD493.330.93
EUR582.433.52
GBP639.50-0.77
CAD374.530.85
JPY46.73-0.01
CNY73.710.23
CHF543.373.34



Government Bonds

Issue volume

10 billion

Volume of T-bills for placement

200 million

Volume of submitted competitive applications

200 million

Volume of satisfied bids

200 million

Yield at cut-off price

 5.8314%

Maximum yield

 5.8314%

Мinimum yield

 5.8314%

Weighted average yield

 5.8314%

Number of participants

2

The maturity date of T-bills

03.02.2020

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