ArmInfo. The negative trend of the manufacturing industry in January-April 2020 affected the growth date of the industrial sector in Armenia. According to the data of the Statistical Committee of the Republic of Armenia, during the reporting period, the volume of industrial production of Armenia increased by 4.2% versus the same period of 2019 (against the 4.5% growth a year earlier), amounting to 585.2 billion drams ($ 1.2 billion). In April alone, the industry showed a decline of 9.2% to 135 billion drams ($ 275.8 million).
In particular, in the mining industry and open pit mining, y-o-y growth was recorded at 27.1% (against the 2.4% decline a year earlier) - up to 115.7 bln drams. And in April alone the mining industry showed an increase of 12.9% - up to 28.6 billion drams.
The volume of manufacturing industry in January-April 2020 decreased by 1.7% in y-o-y terms (against growth of 7.8% a year earlier) - to 370.8 billion drams, with a monthly decline of 15.6% - to 85.8 billion drams. Moreover, in the manufacturing industry during the reporting period, all areas showed a decline, with the exception of food production (an increase of 6.2%), the chemical industry (by 17.6%), pharmaceuticals (by 25.8%), furniture (by 35.5 %) and jewelry (by 67.1%). The volumes of production of machinery and equipment (36.7%), textile production (31.4%), computers and electrical and optical equipment (29.8%), electrical equipment (29.5%). clothes (by 22.4%) declined most. In the manufacturing sector, food products (127.4 billion drams), base metals (56.6 billion), cigarettes (45.8 billion), and drinks (45.2 billion drams) are leaders in terms of production.
According to the statistics, the supply of electricity, gas, steam and air conditioning as a whole increased in January-April 2020 versus the same period of 2019 by 5.9% (against the 0.2% growth a year earlier) - up to 92.1 billion drams, with a monthly decline of 10.6% to 18.7 billion drams. Moreover, the generation, transmission and distribution of electricity for the reporting period increased by 4.8% per annum, and gas production, distribution of gaseous fuels through gas supply systems increased by 10.4%.
Revenues from water supply, waste treatment and treatment and the receipt of secondary raw materials for the reporting period decreased by 19.2% per annum (against 1.4% growth a year earlier) - to 6.6 billion drams. In monthly terms, this segment showed a decline of 2.1% to 1.6 billion drams. Moreover, the downward y-o-y dynamics in this segment was mainly determined by the collection, processing and destruction of waste, the receipt of secondary raw materials (a decline of 27.8%).
The average settlement rate of AMD in April 2020 amounted to 488.66 AMD / $ 1, and in January-April - 483.90 AMD / $ 1, against 484.29 AMD / $ 1- in April 2019 and 486.49 AMD/ $ 1- in January- April 2019.
