Wine output records 32.6% y/y decline in Jan-May Friday, July 12 2024 11:06:00
|
 ArmInfo. Wine production in Armenia in January-May 2024 decreased by 32.6% per annum, amounting to 3.8 million liters, sparkling wine (champagne) - by 19.3% to 444.8 thousand liters. This is evidenced by the data of the Statistical Committee. |
Tuesday, July 9 2024 14:52
ArmInfo. In the first quarter of 2024, the unemployment rate in Armenia was 15.5%, while a year earlier for the same period the unemployment rate was slightly lower - 13.7%. This is evidenced by the data of the RA Statistical Committee. >>> |
Tuesday, July 9 2024 12:22
ArmInfo.In 2024, the growth of the Armenian economy will slow down slightly, but will remain at a high level of 6.3%. This is stated in the regional economic review of the Eurasian Fund for Stabilization and Development (EFSD) for the summer of 2024. >>> |
Tuesday, June 25 2024 17:55
ArmInfo. The industrial price index began to rise in Armenia. Thus, in January-May 2024, the industrial price index was 102.2% (versus 98.4% in the same period of 2023), amid the sharp acceleration in the y-o-y growth of the industrial sector from 3% to 22% in January-May 2024, up to 1.2 trillion drams ($2.97 billion). >>> |
Tuesday, June 25 2024 17:54
ArmInfo.The growth of economic activity in Armenia slowed down to 11.2% per annum in January-May 2024(from 12.5% in the same period of 2023). But, unlike last year, now the industrial sector is the driving force of growth. According to preliminary data from the RA Statistical Committee, this is accompanied by continued high growth rates of exports and imports. >>> |
Thursday, June 6 2024 12:11
ArmInfo. In Armenia, the growth of economic activity in January-April 2024 accelerated to 13.2% per annum (from 12.2% in the same period of 2023). But unlike last year, now the driver of growth is not only the trade sector, but also the industrial sector. As evidenced by the final data of the RA Statistical Committee, this was accompanied by continued high growth rates of exports and imports. >>> |
Wednesday, June 5 2024 15:47
ArmInfo. YOY inflation in Armenia decreased from 1.3% to 0.3% in May, due to cheap prices of the most demanded food products. Thus, in May 2024 compared to May 2023, food products decreased in price by 1.1%, almost repeating last year's decline of 1.2%. Moreover, butter, buckwheat, pasta, flour, cereals, cheeses, fish, sugar, and meat fell in price most noticeably. >>> |
Monday, May 27 2024 13:46
ArmInfo. In Armenia, the price index of industrial products began to rise. Thus, in January-April 2024, the price index for industrial products totaled 100.7% (versus 98.9% in the same period in 2023). This was observed against the backdrop of a sharp acceleration in the y-o-y growth of the industrial sector from 2.4% to 26.8% in January-April 2024, providing volumes of 953.3 billion drams ($2.4 billion). >>> |
Friday, May 10 2024 13:19
ArmInfo.In Armenia, four-month inflation of 0.8% was triggered by food and services, which rose in price by 1.8% and 0.9%, respectively, while non-food products fell in price by 1.6%. This is not much different from last year's picture, when in January-April 2023 inflation of 0.9% came from an increase in food prices by 1.6% and an increase in the price of services by 1.1%, with a decrease in the price of non-food goods by 1%. This is evidenced by the data of the RA Statistical Committee. >>> |
Monday, April 8 2024 16:56
ArmInfo.Service sector of Armenia provided revenue in the amount of 473.1 billion drams in Jan-Feb 2024 ($1.2 billion), slowing down in y-o-y growth from 23.5% to 5.2%. This is evidenced by data from the RA Statistical Committee, according to which in February alone, the service sector showed a decline of 0.3% - to 236.2 billion drams ($584.2 million). >>> |
Monday, April 8 2024 16:01
ArmInfo. Metallurgical industry of Armenia increased production volumes by 37% per annum in Jan-Fe 2024 (versus a 31% decline a year earlier). This is evidenced by the data of the RA Statistical Committee. >>> |
Wednesday, April 3 2024 16:54
ArmInfo.The 1.2% deflation in the consumer market of Armenia in March 2024 compared to March 2023 (compared to the 5.4% inflation recorded a year ago) was caused by the drop in food prices. In Q1 2024, inflation was slightly lower than last year's quarterly level - 0.2% versus 0.8%, which was the result of cheaper non-food products. >>> |
Monday, March 25 2024 16:38
ArmInfo. In Armenia, the price index of industrial products decreased in Jan-Feb 2024 compared to the same period in 2023 to 99.6% from 100.8% a year earlier. Such a trend is observed against the backdrop of a sharp acceleration in the y-o-y growth of the industrial sector from 1% to 28.9%, providing volumes of 461.6 billion drams ($1.1 billion), by preliminary data from the RA Statistical Committee. >>> |
Monday, March 25 2024 16:07
ArmInfo. In Armenia, the growth of economic activity in January- February 2024 accelerated to 13.6% per annum (from 10.9% in the same period in 2023). The growth driver was the industrial sector. As preliminary data from the RA Statistical Committee indicate, this was accompanied by a noticeable acceleration in the upward dynamics of exports and imports. >>> |
Tuesday, March 5 2024 16:27
ArmInfo. In Armenia, consumer prices are falling due to cheaper food products, such as cereals, flour, meat, butter, fish, bread, cheeses, vegetables and fruits. In parallel, an increase in prices for gasoline, alcohol and cigarettes is recorded. In addition, the prices of services continue to increase, especially the tariffs for personal transport services have risen sharply, by the data of the RA Statistical Committee. >>> |
Tuesday, January 23 2024 11:42
ArmInfo.Prime Minister Nikol Pashinyan visited the Statistical Committee to participate in the discussion of the activity report 2023 of the Committee. >>> |
Monday, December 25 2023 13:59
ArmInfo. In Armenia, the price index of industrial products decreased in January-November 2023 compared to the same period in 2022 to 101.7% from last year's 102.9%. This was observed against the backdrop of a slowdown in annual growth in the industrial sector from 8.4% to 2.1% - to 2.4 trillion drams ($6.2 billion). >>> |
Monday, December 25 2023 13:58
ArmInfo. In Armenia, the growth of economic activity in January-November 2023 slowed to 9.4% per annum (from last year's 14.4%), accompanied by a very noticeable slowdown in the upward dynamics of exports and imports. >>> |
Monday, December 11 2023 22:43
ArmInfo. By November 1, 2023, Armenia's public debt exceeded $11.1 billion (4.5 trillion drams), having increased by 10% year-on-year (the same as a year ago). >>> |
Friday, December 8 2023 00:20
ArmInfo.In Armenia's foreign trade, the UAE pushed China out of the 2nd place in terms of exports, and the USA is trying to overtake China in terms of imports. But Russia continues to lead in foreign trade turnover with Armenia with a coverage of over 35%, and the milestone of 49.6% has already been reached in exports alone, according to the data of the RA Statistical Committee for January-October 2023. >>> |
Monday, November 27 2023 15:11
ArmInfo. In Armenia, In January-October 2023 compared to the same period in 2022, the price index of industrial products decreased to 101.6% from last year's 103.4%. >>> |
Expert: When there is no trust between private and public sectors, unfortunately, there is no need to talk about right decisions
Yerevan is trying to demonstrate to its Anglo-Saxon `bosses` its readiness to reduce economic cooperation with Iran - political scientist
