Industrial price index  growing with industrial sector sagging 

 Friday, April 25 2025 15:35:00
Industrial price index  growing with industrial sector sagging 

ArmInfo. In Armenia, the industrial price index increased in January- March 2025 compared to  the same period in 2024, rising from 99.7% to 102.1%. This increase occurred alongside a decline in the annual growth rate of the industrial sector, dropping from 30.4%  to 18.5% , with a total volume of 599.8 billion drams ($ 1.5 billion). This is evidenced by the preliminary data from the RA Statistical Committee. 

Service sector and energy complex were major drivers of economic  activity growth in Q1 2022 
 Thursday, May 5 2022 19:03

ArmInfo.In Armenia, economic activity in Q1 2022 increased by 9.6% compared to the same period in 2021 (against a 2% decline in Q1 2020), exceeding even the pre-Covid  6.5% growth in Q1 2019. According to the final data of the RA  Statistical Committee, the agricultural sector lingered in the  decline, while other sectors showed growth, and the service sector  and the energy complex were the main drivers of economic growth.

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Metallurgical industry of Armenia reduced production volumes by 17%  in Q1 2022
 Thursday, May 5 2022 19:02

ArmInfo. The metallurgy industry of Armenia reduced production by 17% in Q1 2022 instead of growing by 4.1% a year earlier. This is evidenced by the data of the RA  Statistical Committee.

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In Q1 2022 more than 8 thousand tons of aluminum foil were produced  in Armenia
 Thursday, May 5 2022 18:51

ArmInfo.In Q1 2022 8.299.1 thousand tons of aluminum foil were produced in Armenia, which is 4.1% lower than the indicator of a year ago (against a 2.6% decrease  a year earlier).

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Statistics: The production volumes of Armenia`s industry increased by  3.1% in Q1 2022 
 Thursday, May 5 2022 16:57

ArmInfo.The industrial sector of Armenia increased its production volumes by 3.1% per annum in Q1 2022 (against 3.9% decline a year earlier), amounting to 550.7 billion  drams ($1.1 billion). At the same time, in March alone, the volume of  production decreased by 1.3% - to 187.5 billion drams ($377.4  million). This is evidenced by the data of the RA Statistical  Committee.

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Trade sector has been steadily increasing its revenue since beginning  of  year
 Friday, April 8 2022 17:37

ArmInfo. Armenian trade sector in January-February 2022 increased revenue by 8.2% per annum (against an 11.3% decline in the same period in 2021), providing a volume of  489.5 billion drams (over $1 billion). According to the RA  Statistical Committee, in February 2022 alone, the trade turnover in  Armenia increased by 11.9% - up to 258.6 billion drams ($538.6  million).

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Russia`s share in Armenia`s foreign trade increased to 33.5% in  March, while share of  EU fell to 18.3%
 Thursday, April 7 2022 18:51

ArmInfo.The share of Russia in the foreign trade turnover of Armenia in January-February 2022 compared to January-February 2021, increased from 31.6% to 33.5%,  while the EU's share decreased from 20.3% to 18.3%. Moreover, Russia  continues to hold the lead not only in terms of the total volume of  foreign trade, but also in terms of exports and imports, having  increased its share in exports from 28.7% to 29.4% and in imports  from 33.4% to 35.7%.

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Inflow of foreign investments into Armenian economy increased by 54%  in 2021; Russia is main driver
 Wednesday, April 6 2022 19:43

ArmInfo.The volume of total foreign investment (all types and forms of investment - ed. note) in the real sector of the Armenian economy in 2021 increased by 54%  (against a 39% decline in 2020), reaching $ 2.8 billion. The share of  FDI in total foreign investment in 2021 accounted for 29% (against  26% in 2020) or $798 million, which is 71% higher than in 2020  (against a 21% decline in 2020). This is evidenced by the data of the  RA Statistical Committee.

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Y-O-Y inflation in Armenia, in March 2022 reached 7.4% due to  significant rise in food prices
 Wednesday, April 6 2022 15:57

ArmInfo.In the consumer market of Armenia in Q1 2022, 3.5% inflation was recorded against last year's 3.8%. Inflation in Q1 2022 was mainly driven by a 5.8% increase in  food prices and a 2.3% increase in service tariffs, while non-food  prices rose by 1.3%.

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Electricity generation in Armenia in Jan-Feb increased by 21.9% per  annum 
 Wednesday, April 6 2022 15:55

ArmInfo.Electricity generation in Armenia in January-February 2022 amounted to 1,678.9 million kWh, which is 21.9% higher than a year ago (against a decline of 5.8% a year earlier). However, in February alone, a decline of 10.3% was  recorded - to 793.7 million kWh. This is evidenced by the data of the  RA Statistical Committee.

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Over 5 thousand tons of aluminum foil produced in Armenia in 2 months
 Wednesday, April 6 2022 15:54

ArmInfo. In Armenia, the production of aluminum foil in January- February 2022 compared to the same period in 2021 decreased by 7.9% (against a 0.5% decline a year  earlier), amounting to 5.389 thousand tons. This is evidenced by the  data of the RA Statistical Committee.

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Metallurgical industry of Armenia increased production volumes by  6.2% in 2 months
 Wednesday, April 6 2022 15:53

ArmInfo.Metallurgical industry of Armenia  increased production volumes by 6.2% per annum in January-February  2022 (against a 1.4% decline over the same period in 2021).

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Volumes of industrial sector of Armenia in Jan-Feb 2022 increased by  9.7% per annum
 Tuesday, April 5 2022 22:28

ArmInfo.The industrial sector of Armenia in January-February 2022 increased production by 9.7% per annum (against a 7.9% decline in the same period in 2021), reaching 356.3 billion drams ($759.2 million).

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Armenia`s services sector records steady growth 
 Wednesday, March 9 2022 18:41

ArmInfo. In January 2022, Armenia`s services sector recorded a 21.2% year-on-year growth against a 10.3% decline in the previous period - up to AMD 156.7bln  (over $325mln). 

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Armenia`s trade sector records 11.5% growth
 Wednesday, March 9 2022 15:46

ArmInfo.In January 2022, the turnover of Armenia's trade sector totaled AMD 230.8bln ($479mln) - an 11.5% increase against a 15.1% decrease last January. 

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8.6% increase in proceeds of Armenia`s communication sector in Jan  2022 
 Wednesday, March 9 2022 13:24

ArmInfo. This January, the proceeds of Armenia`s communication sector totaled AMD 11.9bln - a year-on-year increase of 8.6% (against a 5.6% decline last January). 

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54.7% year-on-year increase in passenger traffic, 17.5% year-on-year  increase in cargo traffic 
 Wednesday, March 9 2022 13:20

ArmInfo.This January, the cargo traffic totaled 1.110 thousand tons - a 17.5% increase against an 0.7% decline last year. 

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19.2% year-on-year growth in energy output in Armenia this Jan 
 Monday, March 7 2022 18:28

ArmInfo.The electric energy output totaled 885.2mln kwh in Armenia this January, a 19.2% growth as compared with last January (against 2.2% growth the previous  year).  

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2-digit growth in Armenia`s industry 
 Monday, March 7 2022 18:25

ArmInfo. Armenia's industry has recorded a 2-digit growth since the beginning of this year. The RA Statistical Committee reports a 16.6% year-on-year growth this  January against a 10.8% decline last January, with a 37.8% decline  during one month (AMD 177.7 or $368.7mln). 

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Aluminum foil output totaled 2,760 tons in Armenia this Jan 
 Monday, March 7 2022 18:25

ArmInfo.The aluminum foil output totaled 2,760 thousand tons in Armenia this January - an 11% year-on-year decline against a 6.9% growth the previous year. 

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Inflation in Armenian consumer market in February 2022 reached 6.5%  per annum
 Thursday, March 3 2022 18:01

ArmInfo. 0.1% inflation was registered in the consumer market of Armenia in February 2022, with a y-o-y inflation of 6.5%, against 0.6% inflation in February 2021 with  a y-o-y inflation of 5.3%. This is evidenced by the data of the RA  Statistical Committee.

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