ArmInfo. The volume of industrial production in Armenia in the first half of 2017 to the same period of the previous year increased by 12.4% (against growth of 8.9% a year earlier), making 760.4 billion drams ($ 1.5 billion). According to the National Statistical Service of Armenia, the acceleration of the upward trend caused the growth of the mining sector and the manufacturing sector. However, against this background, the monthly dynamics of the industrial sector of Armenia showed a decline. So, in June of this year. The volume of industry decreased by 3.4% (against growth of 11.4% in June 2016) to 135.3 billion drams ($ 280.9 million).In the first half of 2017.
To the same period in 2016 in the mining industry and the development of open pits registered an increase of 8.9% (against 18.8% growth a year earlier), with the volume at the level of 155.7 billion drams. Only in June the mining sector showed a volume of 25.2 billion drams with an annual decline of 10.3% (instead of growth of 3.5% in June 2016). The volume of manufacturing industry increased in the first half of the year by 17.5% per annum (against growth of 5.1% a year earlier) - to462.8 billion drams, of which 90.7 billion drams fell in June, fromAnnual decline of 1.3% (against 17.7% growth a year earlier).Moreover, in the manufacturing industry, the subsidence of volumes in IIn the first half of the year 2017, only in the production ofEquipment (by 23.6%). A high growth is recorded in the production of electrical equipment (2.2 times), printing and reproduction of recorded media (50.2%), furniture (36.8%), jewelry (34.1%), textiles (By 27.5%). In the processing industry, food products (145.5 billion drams), basic metals (82.1 billion), cigarettes (70.6 billion), beverages (61.6 billion) and jewelry (22.5 billion) are leading in terms of production volume.Supplies of electricity, gas, steam and air conditioning in general increased by 0.5% in the first half of 2017 (by the same period in 2016) (against growth of 11.4% a year earlier) to 129.7 billion drams. While in June a decline was registered by 6.3% - up to 16.9 billion drams. At the same time, generation, transmission and distribution of electricity in the first half of the year decreased by 4.3% per annum, and only in June - by 7.3%.
At the same time, gas production, distribution of gaseous fuels through gas supply systems increased by 21.2%, and only in June- only by 1.1%).Revenues from water supply, waste treatment and processing and receipt of secondary raw materials increased by 9% per annum in the first half of the year (against 15.8% growth a year earlier) to 12.1 billion drams, with growth only in June by 18.3% Up to 2.4 billion drams. And growth in this segment was mainly caused by the collection, processing and destruction of waste, the receipt of secondary raw materials - in the annual section by 27.4%, but only in June by 69.9%.Recall that the volume of industrial production in Armenia in 2016 increased by 6.7% (against growth of 5.2% in 2015), amounting to 1.429 trillion. Drams ($ 2.9 billion). The slight acceleration in the growth rate was due to a sharp slowdown in the upward trend in the mining sector, from 50.4% in 2015 to 8.3% in 2016 - to 256.4 billion drams, while improving the dynamics of the manufacturing industry - with an exit from the 5.6% decline By 7.7% growth - up to 885 billion drams.The average calculated exchange rate of the dram to the US dollar was 481.52 dr / $ 1 in June 2017, and in January-June - 484.57 dr / $ 1, against 477.53 dr / $ 1 in June 2016 and 483.86 Other / $ 1 in January-June 2016.