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/

POST A COMMENT
Input digits     


News
At request of Belarusian partners, Armenian inspectors to check  Ararat Brandy Factory products At request of Belarusian partners, Armenian inspectors to check  Ararat Brandy Factory products 
Syunik governor not familiar with details of residential house  construction project in ShurnukhSyunik governor not familiar with details of residential house  construction project in Shurnukh
Water tariff to not change in Armenia in 2024 at expense of subsidies  from state treasuryWater tariff to not change in Armenia in 2024 at expense of subsidies  from state treasury
Armenia`s gross international reserves even farther from historical  maximumArmenia`s gross international reserves even farther from historical  maximum
Armenia to take out EUR 92.3mln from WB to cover budget deficit  Armenia to take out EUR 92.3mln from WB to cover budget deficit  
Armenia, Kazakhstan to establish joint business club  Armenia, Kazakhstan to establish joint business club  
Bolat Imanbayev: Armenia-Kazakhstan trade and economic relations are  developing dynamically; nevertheless, they do not reflect  countries`  full economic potentialBolat Imanbayev: Armenia-Kazakhstan trade and economic relations are  developing dynamically; nevertheless, they do not reflect  countries`  full economic potential
Kazakhstan offers Armenia to consider new alternative logistics routeKazakhstan offers Armenia to consider new alternative logistics route
Dependence of Armenia`s economic activity on jewelry industry could  cause problems - Luys FoundationDependence of Armenia`s economic activity on jewelry industry could  cause problems - Luys Foundation
AraratBank places its 27th issue of dollar bondsAraratBank places its 27th issue of dollar bonds
Viva-MTS changes its company name to Viva ArmeniaViva-MTS changes its company name to Viva Armenia
Deputy Minister of Economy: Armenia-Russia cooperation potential may  be realized through cooperation projects in production sectorDeputy Minister of Economy: Armenia-Russia cooperation potential may  be realized through cooperation projects in production sector
Team Systems contributes to smart technology development Team Systems contributes to smart technology development 
Who will be beneficiaries of tax amnesty in ArmeniaWho will be beneficiaries of tax amnesty in Armenia
Belarus bans import of Ararat Brandy Company products Belarus bans import of Ararat Brandy Company products 
5 000 dram Bonus from IDBank for Pension Card Holders5 000 dram Bonus from IDBank for Pension Card Holders
Armenia`s public debt reaches $12 billionArmenia`s public debt reaches $12 billion
Price index of industrial products is decreasing in ArmeniaPrice index of industrial products is decreasing in Armenia
Industrial sector driver of economic activity in Armenia Industrial sector driver of economic activity in Armenia 
Armenian CB issue s new collector coins Armenian CB issue s new collector coins 
99.8% defense budget performance in 202399.8% defense budget performance in 2023
IDBank issues the 1st tranche of dollar bonds of 2024IDBank issues the 1st tranche of dollar bonds of 2024
AFD delegation presented with details of Vedi reservoir construction  and irrigation network modernization projectAFD delegation presented with details of Vedi reservoir construction  and irrigation network modernization project
Parliamentarian: Armenia attaches great importance to using  opportunities of digital transformationParliamentarian: Armenia attaches great importance to using  opportunities of digital transformation
DPM: we need not only quantitative increase, but also qualitative  changes in urban development field DPM: we need not only quantitative increase, but also qualitative  changes in urban development field 
​​​​​​​IDBank as a Participant in the Conference of My Forest Armenia NGO​​​​​​​IDBank as a Participant in the Conference of My Forest Armenia NGO
ENA bonds quotation in volume of AMD 32 billion to start on AMX from  March 27ENA bonds quotation in volume of AMD 32 billion to start on AMX from  March 27
Switzerland launches SIGMA program with total budget of CHF 12  million Switzerland launches SIGMA program with total budget of CHF 12  million 
Armenia`s State Revenue Committee launches e-system of income  statement presentation  Armenia`s State Revenue Committee launches e-system of income  statement presentation  
Armenia`s ranking in Index of Economic Freedom decreased by 0.2 pp  over yearArmenia`s ranking in Index of Economic Freedom decreased by 0.2 pp  over year
France to sponsor establishment of cheese-making school in Armenia`s  Tavush France to sponsor establishment of cheese-making school in Armenia`s  Tavush 
The South Caucasus Railway will suspend the sale of tickets using MIR cards The South Caucasus Railway will suspend the sale of tickets using MIR cards
Azerbaijan continues attempts to Azerbaijan continues attempts to "hit" Armenian nuclear power plant
Armswissbank participates in gcf regional dialogue in skopjeArmswissbank participates in gcf regional dialogue in skopje
IDBank issues the 1st tranche of dollar bonds of 2024IDBank issues the 1st tranche of dollar bonds of 2024
Extending ANPP`s lifetime until 2036 will lay solid foundation for  smooth transition to new power unit - Pashinyan at Nuclear Energy  SummitExtending ANPP`s lifetime until 2036 will lay solid foundation for  smooth transition to new power unit - Pashinyan at Nuclear Energy  Summit
Armenia`s government approves order of quality prize awards Armenia`s government approves order of quality prize awards 
International Client’s Day at IDBankInternational Client’s Day at IDBank
Germany to provide loan for Armenia`s renewable energy sector Germany to provide loan for Armenia`s renewable energy sector 
2023 lending growth insufficient to prevent decline in profits -  Financial Rating of Banks of Armenia2023 lending growth insufficient to prevent decline in profits -  Financial Rating of Banks of Armenia
Iran interested in cooperating with Armenia in mining industry Iran interested in cooperating with Armenia in mining industry 
Armenian government plans to introduce SAFE format Armenian government plans to introduce SAFE format 
Service of Armenian ArCa cards in Russia and of Russian MIR cards in  Armenia to be suspended Service of Armenian ArCa cards in Russia and of Russian MIR cards in  Armenia to be suspended 
Termination of service of MIR cards. IDBankTermination of service of MIR cards. IDBank
Economic modernization programme portfolio AMD 228bln as of March 1,  2024Economic modernization programme portfolio AMD 228bln as of March 1,  2024
Mobile trade regulations to be in effect throughout Armenia Mobile trade regulations to be in effect throughout Armenia 
Official cites financial reasons for suspension of Fly Arna airline  operation Official cites financial reasons for suspension of Fly Arna airline  operation 
Subsidiary of Public TV of Armenia to have right to nationwide  broadcasting  Subsidiary of Public TV of Armenia to have right to nationwide  broadcasting  
About 700 Armenian heavy cargo trucks waiting to pass through Upper  LarsAbout 700 Armenian heavy cargo trucks waiting to pass through Upper  Lars
Armenian Economy Ministry, several U.S. government departments form  specific action program Armenian Economy Ministry, several U.S. government departments form  specific action program 
Public TV`s First News Channel to be broadcasted not only in Yerevan,  but also throughout countryPublic TV`s First News Channel to be broadcasted not only in Yerevan,  but also throughout country
Ardshinbank cardholders can now enjoy a 10% cashback!Ardshinbank cardholders can now enjoy a 10% cashback!
“G20/OECD Principles of Corporate Governance” workshop“G20/OECD Principles of Corporate Governance” workshop
ECC, EDB to coordinate funding of joint projects ECC, EDB to coordinate funding of joint projects 
Broadcasting of Russian TV channels to be discussed in Moscow soon Broadcasting of Russian TV channels to be discussed in Moscow soon 
Armenia to host World Wine Tourism Conference,Armenia to host World Wine Tourism Conference,
CBA forecasts 5.5% or 6.4% GDP growth for 2024 depending on inflation  rate  CBA forecasts 5.5% or 6.4% GDP growth for 2024 depending on inflation  rate  
Three Sad Stories about FraudstersThree Sad Stories about Fraudsters
Rafayel Gevorgyan: Armenia`s economic growth potential is 6%Rafayel Gevorgyan: Armenia`s economic growth potential is 6%
TEAM already has over 1 million mobile subscribersTEAM already has over 1 million mobile subscribers
Read more


Exchange rates
28.03.2024
RUB4.270.00
USD394.46-0.25
EUR425.62-1.93
GBP497.65-0.91
CAD290.11-0.27
JPY26.06-0.05
CNY54.57-0.05
CHF435.72-0.13