Monday, May 22 2017 13:39
Karine Melikyan

Ra Statistics Service: Industry, trade and services sector keep the economic activity growth within 5,7% in January-April 2017

Ra Statistics Service: Industry, trade and services sector keep the  economic activity growth within 5,7% in January-April 2017

ArmInfo. The economic activity in  Armenia during January-April - 2017 grew for 5,7% per annum within  the 16,1% growth of export and 14,6% growth of import. In April this  year, versus April 2016 the economic activity grew for 3,4%, and only  for April 2017 - for 0,3%. A year ago, in January-April 2016 and for  the same period of 2015 the economic activity grew for 6%, in 

April  this year versus April 2015 - for 6,8%, and only for April -  for 4%. For a comparison it could be mentioned that in 2015 the  economic activity for January-April increased for 2,7% per annum, and  only for April - for 3,4% ( within annual growth for 3,2%).

According to preliminary data of RA National statistics service , the  economic actiuvity growth for January-April 2017 was mostly  preconditioned by industrial sector - for 12,9% per annum, trade  sector  - for 12,1%, services sector - 10,1 % per annum, within which  the energy complex growth speed were more than simple -4,45 At that,  the annual volumes decrease was observed at agricultural sector - for  2,9%, and construction sector - for 13,4%. A year ago, in  January-April 2016, the industrial sector, services, agricultural  sector and energy complex were in growth - with 10-9,3-4,1-3,5%  respectively, and the trade sector and construction sector  showed  dropdown - accordingly for 0,8% and 7,4%.  The industrial products  index grew in January-April of 2017 for the similar period of 2016  for 3,3%, in Arpril 2017 versus April 2016 - for 3%, and only for  April 2017 decreased for 0,6%. A year ago, for January-Arpil 2016 in  comparison to the similar period of 2015 the industrial products   prices index increased for 3,4 %, in April 2016 versus April 2015 -  for 1,8%, and only for April 2016 - for 0,5%. For a comparison, it  should be noted that in 2015  for January-April  the industries  products prices  increased for 4,2% per annum, in April 2015 versus  April 2014 - for 0,8% and only for April decreased for 0,9%. 

In monthly view ( for april) the pulse for economic activity was  given by agricultural sector, increasing the aggregate volume of  products for 54,2% ( against  55,7% growth in April 2016). The other  sectors have decreased their volumes in April: energy complex - for  11,4% (against the growth for 5,6% a year ago), indutrial sector -  for 7% (versus 4,7% a year ago), construction sector - for 8,8%  (versus  9,3 dropdown a year ago), trade sector - for 1,1% (versus  2,2% dropdown a year ago), and services sector - for 0,7% ( versus  2,6% a year ago). 

In annual view ( April 2017 to April 2016) the leaders in the growth  were the trade sector - 14,2%, and services sector - 10,4%, leaving  the industrial sector far behind - 4,3%. At that, the agriculture,  construction and energy complex  sector  were in dropdown  - 5, 13  and 10,3% respectively. A year ago, in April 2016 versus April 2015,  the leader of the growth was the industrial sector  - 13,2%, which  was followed by services sector - 7,6%, agricultural sector - 5,4%  and trade -0,1%, and the construction sector and energy complex were  in negative etrend - for 16,5 and 0,8% respectively. 

According to the statistics data, in January-April of 2017, the  absolute leadership was held by trade sector with ist volume of  AMD  685,9 bln (USD 1, 4 bln). The second position in respect to the  volume is taken by industrial sector - AMD 485,5 bln ( USD 999.7  mln), the third place is up to services sector - AMD 409.03 bln ( USD  842,3 mln), an the 4th position is taken by agricultural sector  -  AMD 114,3 bln  (USD 235,3 mln). The fifth row is taken by  construction sector - AMD 59,2 bln (USD 108,8 mln). The  electric  power production volume in january-April of 2017 formed 2678,8 mln  kw/h, with 577 mln kw/h only in April. 

In April 2017, the average forex rate of AMD formed AMD 485,14/USD1,  in January-April - AMD 485,62/USD 1, versus AMD 481,27/ USD 1  in  April 2016 and AMD 486,82/USD 1 in January-April 2016.  In April 2015  the forex rate doremd AMD 474,07/USD 1, and in January-April 2015  formed AMD 476,46/USD1/

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