Thursday, August 3 2017 18:28
Alina Hovhannisyan

In Armenia, service sector accelerated annual growth rate from 8.3% to 10.9% in 2017 first half

In Armenia, service sector accelerated annual growth rate from 8.3%  to 10.9% in 2017 first half

ArmInfo. In Armenia in the first  half of 2017, the services sector increased volumes by 10.9% per  annum to 648.7 billion ($ 1.3 billion), against 8.3% growth a year  earlier.  According to the National Statistical Service of Armenia,  in June alone, the volume of rendered services slowed the growth from  9% to 4.8%, amounting to 122.6 billion ($ 254.7 million).

In the first half of 2017, by the same period in 2016, service in the  areas of accommodation for tourists and catering was 18.4% growth  from 4.9% decline in the past year, information and communication -  from 0.3% Decline in 4.6% growth, administrative and support  activities - from a 4.3% decline to 5.2% growth, professional,  scientific and technical activities - from a 12.4% decline in 0.9%  growth.

The volume of services provided by the healthcare sector accelerated  the growth rate from 1.4% to 15%, real estate operations - from 5.2%  to 8.9%, the financial sector (including insurance) - from 2.2% to  18.9%.  At the same time, services in the spheres of culture,  entertainment and leisure, on the contrary, slowed the growth rates  from 40.5% to 9.4%, transport from 22.8% to 14.1% and education from  5% to 1.6%.

According to the statistical data, the financial sector is leading by  the volume of rendered services - 143 billion (22% of the total  volume), with the lion's share on banks. The second place in the  volume of services is occupied by the sphere of culture,  entertainment and recreation - 122.6 billion (18.9% of the total  volume). The third place is occupied by the sphere of information and  communication - 109 billion (16.8%), with the main load accounting  for the telecommunications segment. The fourth place is occupied by  the sphere of transport - 86.7 billion (13.14%). The top five in  terms of services provided is the sphere of catering and tourism -  42.7 billion (6.63%).

The average calculated exchange rate of the AMD to the USD was 481.52  AMD/USD1 in June 2017, and 484.57 AMD/USD1 in January-June, against  477.53 AMD/USD1 in June 2016 and 483.86 AMD/USD1 in January-June  2016.

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Exchange rates
08.07.2020
RUB6.820.10
USD485.740.62
EUR547.570.65
GBP608.342.91
CAD357.08-0.34
JPY45.160.12
CNY69.190.19
CHF515.812.07



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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