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, July 13 2022 18:57
ArmInfo. In Q1 2022, the unemployment rate in Armenia decreased to 14.8% from 16.7% in the same period a year earlier, but compared to the indicator for Q4 2021 (14.5%), it was slightly higher. This is evidenced by the data of the RA Statistical Committee. >>> |
Tuesday, July 12 2022 13:30
ArmInfo.In the first half of 2022, the South Caucasus Railway company transported a total of 1.5mln tons of cargoes, as much as in the first half of 2021. >>> |
Tuesday, July 12 2022 11:33
ArmInfo. This January-May, Armenia's metallurgy industry recorded a 5.8% decline in the output against a 17% growth last January-May. >>> |
Wednesday, July 6 2022 17:17
ArmInfo.The annual inflation reached 10.3% on Armenia's consumer market this June (against 6.5% last year) due a 16.1% rise in prices for food products (including alcohol and cigarettes), and a 7.5% rise in prices for nonfoods, with a 5.3% rise in prices for services against an 8.8% rise in prices for food products, 9.5% rise in prices for nonfoods and 2.1% rise in prices for services last June against June 2020. >>> |
Monday, June 27 2022 17:58
ArmInfo.In Armenia, the growth of economic activity accelerated in January-May 2022 to 10.2% per annum (from 4.3% a year earlier), which is accompanied by high growth rates of exports and imports. In May of this year, by May 2021, economic activity accelerated growth to 13% (from 10.9% a year earlier), while increasing by 6.1% in May 2022 (against 2% growth in May 2021 and 5.3% growth in April 2022). >>> |
Friday, June 17 2022 14:49
ArmInfo. Russia has significantly increased the export of pork to Armenia. This was announced on the sidelines of the St. Petersburg International Economic Forum (SPIEF- 2022) by head of Rosselkhoznadzor (Federal Service for Veterinary and Phytosanitary Surveillance) Sergey Dankvert. >>> |
Friday, June 10 2022 13:02
ArmInfo. In January-April 2022, Armenia`s services sector recorded a 23.5% year-on-year growth against a 2.9% decline last January-April - up to AMD 698.2bln (over $1.4mln). This April alone, the services sector's proceeds totaled AMD 194.9bln ($413.9) - a 2.1% growth. >>> |
Friday, June 10 2022 12:47
ArmInfo.In January-April 2022, the turnover of Armenia`s trade sector totaled AMD 1,100bln (over $2.2bln) - 7.8% year-on-year growth against 4.8% last year. >>> |
Tuesday, June 7 2022 14:49
ArmInfo. The volume of cargo transportation in Armenia in January-April 2022 slowed down the y-o-y growth to 10.2% (from 17.7% for the same period in 2021), amounting to 5,031.9 thousand tons. This is evidenced by the data of the RA Statistical Committee. >>> |
Monday, June 6 2022 21:54
ArmInfo.Electricity generation in Armenia in January-April 2022 amounted to 3,142.4 million kWh, with an acceleration of y-o-y growth from 3.1% to 14.1%. And for a month alone a decline of 14% - to 677.1 million kWh was registered. This is evidenced by the data of the RA Statistical Committee. >>> |
Monday, June 6 2022 21:50
ArmInfo. Metallurgical industry of Armenia in January-April 2022 slowed down the y-o-y growth rate to 7% from 26.9% in the same period of 2021. This is evidenced by the data of the RA Statistical Committee. >>> |
Monday, June 6 2022 17:06
ArmInfo. In January-April 2022, 11,017 thousand tons of aluminum foil were produced in Armenia. This is evidenced by the data of the RA Statistical Committee, according to which the y-o-y dynamics lingered in the decline with a slowdown from 3.7% to 2.1%. >>> |
Monday, June 6 2022 15:43
ArmInfo.In Armenia, economic activity in January-April 2022 increased by 9.4% per annum, against the backdrop of growth in exports and imports by 25.2% and 39.1%, respectively, which was observed at a relatively restrained pace in the same period a year ago - growth economic activity by 2.6% was accompanied by an increase in exports and imports by 16.7% and 2.2%, respectively. >>> |
Friday, June 3 2022 14:46
ArmInfo.In Armenia, the price rally in food and oil products is spurring inflation acceleration. In May 2022, compared to May 2021, it has already reached 9% (compared to 5.9% in the previous year). >>> |
Wednesday, May 25 2022 15:09
ArmInfo.In Armenia, economic activity in January-April 2022 increased by 9.4% per annum, against the backdrop of growth in exports and imports by 25.2% and 39.1%, respectively, which was observed at a relatively restrained pace in the same period a year ago - the growth of economic activity by 2.6% was accompanied by the growth of exports and imports by 16.7% and 2.2%, respectively. >>> |
Monday, May 23 2022 15:24
ArmInfo.Armenia's GDP grew by 8.6% per annum in Q1 2022 from a 3.3% decline in the same period of 2021, thereby exceeding the 7.5% growth of the comparable pre- Covid period (Q1 2019), reaching 1.5 trillion drams ($3.1 billion). >>> |
Tuesday, May 17 2022 14:00
ArmInfo. Inflation in the consumer market of Armenia in January- April 2022 amounted to 5.8%, compared to 5.1% inflation in the same period of 2021. According to the RA Statistical Committee, this was provoked by an increase in the prices of food products (including alcohol and cigarettes) by 9.7% (against 8.6% a year earlier), non-food products - by 3.3% (against 5% a year earlier) and tariffs for services - by 3% (against 1.1% a year earlier). >>> |
Thursday, May 12 2022 20:25
ArmInfo.The volume of cargo transportation in Armenia in Q1 2022 accelerated the y-o-y growth to 14.7% from 9.1% a year earlier, amounting to 3,662.2 thousand tons. Of this volume, 62.3% or 2,281.7 thousand tons is accounted for by road transport, the annual growth rate of which accelerated from 17.5% to 21.9%. This is evidenced by the data of the RA Statistical Committee. >>> |
Thursday, May 12 2022 18:41
ArmInfo. Armenia's communications sector revenue in Q1 2022 reached 6.8% growth from 2.4% decline a year earlier, exceeding 36 billion drams. At the same time, the upward trend of the dominant (91.8%) telecommunications sector accelerated the pace from 0.3% to 7.1%, with a revenue of 33 billion drams. This is evidenced by the data of the RA Statistical Committee. >>> |
Thursday, May 12 2022 18:05
ArmInfo. In Q1 2022, Armenia reduced wine production by 40.5%, providing a volume of 1,555.4 thousand liters, while a year earlier, in the same period, an increase of 39.7% was recorded. This is evidenced by the data of the RA Statistical Committee. >>> |
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