Wednesday, December 9 2020 11:24
Alina Hovhannisyan

Trade sector in Armenia is sinking

Trade sector in Armenia is sinking

ArmInfo. The trade sector of Armenia in January-October 2020 showed a decline of 12.5% (against 8.9% growth a year earlier), providing a turnover of 2.3 trillion.  drams ($ 4.7 billion). And only in October 2020, the trade turnover  in Armenia decreased by 13.4% (against a 1.7% decline in the previous  year), amounting to 234.3 billion drams ($ 476.4 million).

As the data of the Statistical Committee of the Republic of Armenia testify,  this tendency is due to the decline in wholesale and retail trade,  and the continued downward trend in the car trade.

According to statistics, the revenue of wholesale trade in  January-October 2020 decreased by 8% (against growth by 11.1% a year  earlier), amounting to 1.168 trillion drams ($ 2.4 billion). The  volume of purchase / sale of cars in January-October 2020 decreased  by 29.1% (against 12.1% decline in the previous year), amounting to  75.2 billion drams ($ 155 million). And the retail trade turnover in  January-October 2020.  dropped by 15.7% (against growth by 8.7% a  year earlier), amounting to 1.033 trillion. drams ($ 2.1 billion).

In the structure of retail trade, the largest turnover is provided by  stores (including supermarkets) - 80.6% or 832.7 billion drams (with  an annual decline of 15.1%), other shopping facilities - 12.6% or  130.8 billion drams (from annual decline by 17.1%), followed by  consumer goods markets - 3.9% or 40.4 billion (with an annual decline  of 22.1%), stalls and kiosks - 1.9% or 19.3 billion ( with an annual  decline of 24.9%) and agricultural markets - 1% or 9.9 billion (with  an annual decline of 3.3%).  Wholesale trade dominates in the  structure of the total trade turnover of Armenia - 51.3%, followed by  retail trade - 45.4%, and the share of purchase / sale of cars  accounts for only 3.3%.  The average settlement rate of AMD to USD  was AMD 491.74 / $ 1 in October 2020, AMD 484.96 / $ 1 in  January-October 2020, against AMD 476.30 / $ 1 in October 2019 and  AMD 481 / $ 1 in January-October 2019 


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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