ArmInfo. For 9 months of 2021, the industrial sector of Armenia slowed down the y-o-y growth rate from 1% to 0.7%, amounting to 1.6 trillion drams ($ 3.1 billion).
The dynamics are due to the continuing downtrend in the manufacturing sector and the slowdown in the growth rate of the mining industry. This is evidenced by the data of the Statistical Committee of the Republic of Armenia, according to which in September 2021 alone, the volume of industrial production accelerated the growth to 5.9% from 0.6% in August, ensuring the volume of 206.5 billion drams ($ 423.1 million).
In January-September 2021 to the same period 2020, a slowdown in growth was recorded in the mining industry and the development of open pits to 0.1% (from 16.7% a year earlier), providing 441.5 billion drams. In September alone, the mining industry provided 48.4 billion drams with a monthly decline of 3.8%.
The volume of the manufacturing industry slowed down the y-o-y decline in January-September of this year to 0.6% (from 2.7% a year earlier), amounting to 962.3 billion drams, of which 135.5 billion drams fell in September with an acceleration of growth to 11.7% from 4.3% in August.
In January-September 2021, a decline was registered in the manufacturing industry, in the production of finished metal products (by 44.7%), jewelry (by 37.1%), chemical products (by 25.1%), basic metals (by 21.1%). %), cigarettes (by 13.3%), printing (by 2.2%), pharmaceuticals (by 1.9%), furniture (by 1.1%), computers, electrical and optical equipment (by 0, 3%). And the growth was recorded in the textile industry (2.3-fold), the production of machinery and equipment (by 86%), beverages (by 22.7%), other non-metallic mineral products (by 19.8%), rubber products (by 19 , 5%), electronic equipment (4.6%), food (2.9%).
Food products (341.4 billion drams), beverages (140.1 billion), basic metals (124.7 billion) and cigarettes (97.5 billion drams) are traditionally leading in terms of production in the manufacturing industry.
According to statistics, the supply of electricity, gas, steam and conditioned air in general increased in January-September 2021 to the same period in 2020 by 7.3% (against 0.4% growth a year earlier), amounting to 201.1 billion drams. However, on a monthly terms, the decline continued, but the pace slowed down to 5% (from 6.8% in August), amounting to 20.4 billion drams. Moreover, generation, transmission and distribution of electricity in January-September increased by 6.1% per annum (against a decline of 0.2% a year earlier), while gas production, distribution of gaseous fuel through gas supply systems increased by 13.6% (against growth by 1.6% a year earlier).
Revenues from water supply, waste treatment and processing and production of secondary raw materials in January-September increased by 7.5% per annum (against 16.2% decline a year earlier) - to 17.3 billion drams, with a decline of 3.2% in September providing 2.1 billion drams. Moreover, the growth in this segment was mainly due to the collection, treatment and distribution of water- by 7.9% per annum. The average settlement rate of the dram to the US dollar amounted to 488.12 AMD / $ 1 in September 2021, and in January-September - 511.47 AMD / $ 1.
