Armenian service sector generated revenue of $1.2 billion in first two months Monday, April 8 2024 16:56:00
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 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 ($584.2 million). |
Wednesday, September 9 2020 10:35
ArmInfo.Metallurgical industry of Armenia in January-July 2020 accelerated y-o-y growth from 1.2% to 13.2%. >>> |
Tuesday, September 8 2020 14:59
ArmInfo. In January-July 2020, the viability ratio, that is, the ratio of births to deaths, amounted to 114.0% compared to 122.7% in the same period last year, the RA Statistical Committee reports. >>> |
Monday, September 7 2020 20:41
ArmInfo.In January-July 2020, Armenia generated 4,448.4 million kWh. electricity, which is 3.4% higher than a year ago (against a decline of 5% a year earlier). According to the data of the Statistical Committee of the Republic of Armenia, in July alone, electricity generation increased by 16.2% - to 646.3 million kWh. >>> |
Monday, September 7 2020 20:39
ArmInfo. The volume of industrial production in Armenia in January-July 2020 against the same period of 2019 increased by 1.3% (against 8.4% growth a year earlier), amounting to 1.1 trillion. drams ($ 2.2 billion). According to the data of the Statistical Committee of the Republic of Armenia, the slowdown in growth is due to the subsidence of the manufacturing industry volumes while the dynamics of the mining industry improves. >>> |
Monday, September 7 2020 20:18
ArmInfo.In Armenia, the production of aluminum foil in January-July 2020 compared to the same period in 2019 showed high growth rates - by 13.1% to 20,505 tons, against 3.5% decline a year earlier. This is evidenced by the data of the RA Statistical Committee. According to statistics, in July alone, the production of aluminum foil increased by 4.7%, amounting to 3,062 tons. >>> |
Monday, September 7 2020 20:17
ArmInfo. Armenia's foreign debt to Russia decreased in the first half of 2020 by 5.3% - to $ 378 million, but the debt increased by 20% on an annualized basis. In the first half of the year, the external debt to Germany (KfW) was also reduced by 2% to $ 373 million, to Japan (JICA) - by 0.5% to $ 224.3 million, to the United States - by 7% to $ 15.5 million, and the debt to France, on the contrary, it grew by 8.5% - up to $ 137.9 million. This is evidenced by the data of the RA Statistical Committee. >>> |
Monday, September 7 2020 17:48
ArmInfo. In Armenia, economic activity in January-July 2020 decreased by 5.7%, and the only sectors that kept growing were the industrial sector and the energy complex. >>> |
Thursday, September 3 2020 20:33
ArmInfo. In the consumer market of Armenia in January-August 2020, a deflation of 1.2% was recorded, against a 2.3% deflation in the same period of 2019. This was triggered by a decline in prices for food products (including alcohol and cigarettes) by 3.4% and non-food products by 0.6%, while tariffs for services increased by 1%. According to the Statistical Committee of the Republic of Armenia, on an annualized basis (compared to January-August 2019), the consumer market recorded inflation of 0.8% (against inflation of 1.8% a year ago), which was facilitated by the rise in prices for food and non-food products by 05% and 0.8%, respectively, and an increase in tariffs for services by 1.3%. The average monthly decline in prices on the consumer market amounted to 0.2% in January-August 2020, against 0.3% decline a year earlier. >>> |
Thursday, September 3 2020 15:32
ArmInfo. In the 1st half of 2020, 17.3 thousand tons of aluminum foil were exported from Armenia, which is 3% higher than a year ago (against 0.8% growth a year earlier). At the same time, in monetary terms, the export of foil showed a decline of 8.1% per annum - to $ 45.8 million. >>> |
Thursday, August 20 2020 17:01
ArmInfo. The national debt of Armenia, having increased by 8.4% in January-July 2020 (against growth by 0.9% a year earlier), exceeded the level of $ 7.9 billion (3.9 trillion AMD). >>> |
Friday, August 7 2020 18:45
ArmInfo. By June 1, 2020, the client base of Armenian banks totaled 3,016,449 individuals and 100,678 legal entities. According to the Central Bank of Armenia, provided to ArmInfo by the Statistical Committee, a total of 3,117,127 clients had 6,075,554 accounts in Armenian banks, of which 5,853,174 were accounts of individuals and 222,380 were accounts of legal entities. >>> |
Friday, August 7 2020 16:09
ArmInfo. In Armenia, in the first half of 2020, the service sector reduced volumes by 6.4% per annum - to 861.7 billion drams ($ 1.8 billion), against 15.3% growth a year earlier. According to the data of the Statistical Committee of the Republic of Armenia, in June alone, the volume of services provided increased by 8.2%, amounting to 143.5 billion drams ($ 298.2 million). >>> |
Friday, August 7 2020 14:56
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. >>> |
Friday, August 7 2020 13:27
ArmInfo. The volume of cargo transportation in Armenia in the first half of 2020 compared to the same period last year increased by 3.4% - to 6 328.7 thousand tons, against a decline of 57.5% a year earlier. >>> |
Friday, August 7 2020 13:27
ArmInfo. Revenue in the communications sector of Armenia in the first half of 2020 amounted to 68.8 billion drams, having decreased in y-o-y terms by 4%, against growth by 1.8% a year earlier. >>> |
Thursday, August 6 2020 12:27
ArmInfo. In Armenia, the share of non-cash card transactions remained at the level of 30% in the total volume of plastic transactions by July 1, 2020. But the y-o-y growth in the volume of non-cash card transactions slowed down from last year's 48% to the current 38%, amounting by the results of the first half of this year to 351 billion drams ($ 728 million). The preservation of the share, despite the slowdown in volumes, is due to the activity of Internet commerce, the popularization of mobile and web applications by banks and Armenian Card, and such effective measures to encourage non-cash transactions as CashBack. According to the data of the Central Bank of the Republic of Armenia, five years earlier (H1 of 2015), the share of non-cash transactions in the total volume of plastic transactions was 12%, and by July 1, 2019 it had reached 24%. >>> |
Wednesday, August 5 2020 22:24
ArmInfo. The metallurgical industry of Armenia in the H1 of 2020 showed an increase of 19.4% per annum, against a 3.7% decline in the same period of 2019. According to the RA Statistical Committee, in the H1 of the year, the production of ferromolybdenum in Armenia increased by 11.2% per annum (against growth by 5.4% a year earlier), amounting to 4,140.5 tons. >>> |
Wednesday, August 5 2020 18:32
ArmInfo. In the H1 of 2020, 15 893 children were born in Armenia, which is 0.8% less than a year ago, and 2.3% compared to the same period of 2018. According to the Statistical Committee of the Republic of Armenia, the birth rate per 1000 population decreased on an y- o-y basis from 10.9 to 10.8 ppm, against 11 ppm two years earlier. >>> |
Wednesday, August 5 2020 16:06
ArmInfo. Negative migration balance in Armenia at the end of the H1 of 2020 amounted to 1444 people, which is less than a year ago by 46.6%, and in the two-year context, a decrease of 44.7% was recorded. This is evidenced by the data of the RA Statistical Committee. >>> |
Wednesday, August 5 2020 15:45
ArmInfo. The population of Armenia as of July 1, 2020 amounted to 2.963 million people, having slightly increased on an annualized basis by 0.05% or 1.4 thousand people. This is evidenced by the data of the RA Statistical Committee. >>> |
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