Friday, August 7 2020 14:56
Alina Hovhannisyan

Revenue of Armenia`s trade sector fell by 11.1%

Revenue of Armenia`s trade sector fell by 11.1%

ArmInfo.  In the first half of  2020, the trade sector of Armenia registered decline by 11.1% (from  growth by 8.9% a year earlier), providing a volume of 1.3 trillion  drams ($ 2.6 billion). According to the RA Statistical Committee, in  June alone the trade sector provided revenue in 235.7 billion drams  ($ 489.8 million), with a monthly growth of 14.3%. This dynamic is  due to the fact that the wholesale and retail trade turned the vector  from growth to decline, while the car trade accelerated the decline.   In particular, wholesale trade in the first half of the year showed a  decrease by 8% (against growth by 12.2% a year earlier), amounting to  640 billion drams ($ 1.3 billion). In June alone, the proceeds of  wholesale trade increased by 15.2% - up to 123.3 billion drams.

At the same time, the retail sales revenue fell by 14.2% over the  reporting period (against growth by 8.2%), amounting to 580 billion  drams ($ 1.2 billion). In June alone, the retail sales revenue  increased by 11.3% to 103.3 billion drams.

In the structure of retail trade, the largest turnover is provided by  shops (including supermarkets) - 467.7 billion drams, or 80.6% (with  a y-o-y decline of 12.9%), other retail facilities - 73.6 billion  drams, or 12.7% (with a y-o-y decline of 17.5%), followed by consumer  goods markets - 21.3 billion or 3.7% (with a y-o-y decline of 27.7%),  stalls and kiosks - 12.4 billion or 2.1% ( with a y-o-y decline of  15.2%), and agricultural markets - 4.9 billion or 0.9% (with a y-o-y  decline of 18%). The volume of purchase / sale of cars in the first  half of 2020 accelerated the y-o-y decline from 8.2% to 10.2%,  amounting to 42.8 billion drams ($ 88.6 million). In June alone, car  trade increased its volumes by 44.5% - to 9.23 billion drams. In the  structure of the total trade turnover of Armenia, the lion's share  (50.7%) falls on wholesale trade, 45.9% - on retail, and 3.4% - on  buying / selling cars. The average calculated AMD exchange rate in  June 2020 amounted to 481.27 AMD / $ 1, and in the first half of the  year - 483.50 AMD / $ 1, against 478.47 AMD / $ 1 in June 2019 and  484.16 AMD / $ 1 in the I half of 2019.

POST A COMMENT
Input digits     


News
iDram
btn

Exchange rates
22.09.2020
RUB6.39-0.07
USD485.290.03
EUR569.58-5.40
GBP620.78-8.89
CAD364.55-3.99
JPY46.41-0.10
CNY71.50-0.29
CHF529.56-4.69



Search by date

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