Armenia has significantly increased polished diamond exports and  rough diamond imports

 Friday, September 2 2022 18:51:00
Armenia has significantly increased polished diamond exports and  rough diamond imports

ArmInfo. In H1 2022, Armenia significantly increased the export of polished diamonds  (2.1-fold) up to 715.2 thousand carats, while their customs value  increased 2.8-fold to $134.1 million. This is evidenced by the data  of the RA Customs Service.

In H1 2021, metallurgical industry of Armenia accelerated its growth  rates
 Monday, August 9 2021 16:56

ArmInfo. In H1 2021, the metallurgical industry of accelerated the rate of y-o-y growth - from 19.4% to 20.3%.

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Alcohol industry in Armenia demonstrates high growth rates
 Monday, August 9 2021 16:55

ArmInfo. In H 2021, the production volumes of alcoholic beverages produced in Armenia show an upward trend. According to the data of the Statistical Committee of  the Republic of Armenia, the volume of absolutely all alcoholic  beverages produced in Armenia increased during the reporting period.

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Specific debt burden per capita has already reached $ 3 thousand in  Armenia
 Monday, August 9 2021 14:07

ArmInfo.In Armenia, the specific debt burden per capita by July 1, 2021 had already reached $ 3 thousand from $ 2.6 thousand a year earlier. Moreover, the per capita  debt burden from external debt increased from $ 2 thousand to $ 2.3  thousand. At the same time, the population of Armenia has increased  over the year by only 1.6 thousand people - p to 2.965 million people  by July 1, 2021.

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Armenia`s industrial sector accelerated growth in the H1 2021
 Monday, August 9 2021 14:06

ArmInfo. The industrial sector of Armenia in H1 2021 increased production volumes by 2.1% (against 1.5% growth a year earlier), exceeding 1 trillion drams (about $ 2  billion). According to the data of the Statistical Committee of the  Republic of Armenia, in June alone, the industry showed a decline of  0.9% to 195.8 billion drams ($ 381.6 million).

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In H1 2021, solar stations increased energy production 4.7-fold in  Armenia
 Monday, August 9 2021 14:05

ArmInfo.In Armenia, in H1 2021, 3.822 million kWh electricity were generated, with a y-o-y growth of 0.5% (against 4.4% growth a year earlier). According to the  Statistical Committee of the Republic of Armenia, in June alone,  electricity generation decreased by 8.2% - to 511.7 million kWh.

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Production of aluminum foil in Armenia in H1 2021 decreased by 2.9%  per annum
 Monday, August 9 2021 14:04

ArmInfo.In Armenia, the production of aluminum foil in H1 2021 compared to the same period in 2020, decreased by 2.9% (against 13.7% growth a year earlier),  amounting to 16.937 thousand tons. This is evidenced by the data of  the RA Statistical Committee.

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Russia and China hold leadership among Armenia`s foreign trade  partners
 Friday, August 6 2021 12:56

ArmInfo. Russia and China remain the main foreign trade partners of Armenia. According to the final data of the Statistical Committee of the Republic of Armenia, Russia  holds the leadership in Armenia's foreign trade turnover with a  volume of $ 1.1 billion in the first half of 2021, with the annual  dynamics coming out of a 0.4% decline by 16% growth.

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In H1 2021, almost 11 thousand people emigrated from Armenia, the  negative migration balance increased by 23.2%
 Thursday, August 5 2021 18:05

ArmInfo.Negative migration balance in Armenia at the end of the first half of 2021 amounted to 1,779 people, which is 23.2% more than a year ago, and a decline of  34.2% was recorded in the two-year context. This is evidenced by the  data of the RA Statistical Committee.

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In H1 2021, economic activity increased by 5% in Armenia
 Thursday, August 5 2021 17:55

ArmInfo. In Armenia, economic activity in H1 2021 increased by 5% per annum (against a 4.7% decline a year earlier), which is accompanied by an increase in exports and a  rise in imports. In June of this year, by June 2020, economic  activity increased by 8% (against a decline of 12.8% a year earlier),  while in June 2021 alone it accelerated growth to 12% from May 2%  (against a less noticeable acceleration of growth in May 2020 from  13.3 % to 14.8%).

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In H1 2021, Armenia`s foreign trade turnover increased by 13.4% per  annum
 Thursday, August 5 2021 17:53

ArmInfo.Armenia's foreign trade turnover in January-June 2021 amounted to $ 3.6 billion, with an improvement in y-o-y dynamics to 13.4% growth (from a 10.7% decline a  year earlier). Moreover, higher growth was shown by exports (23.3%)  than imports (7.9%), with the trend emerging from the downward 6.5%  and 12.9%, respectively, a year earlier. According to the final data  of the Statistical Committee of the Republic of Armenia, the volume  of exports reached $ 1.4 billion, and imports- $ 2.2 billion.

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Y-O-Y inflation in consumer market of Armenia amounted to 8.2% in  July 2021 
 Thursday, August 5 2021 12:54

ArmInfo. In the consumer market of Armenia in July 2021, y-o-y inflation increased to 8.2% (from 1.5% a year earlier), due to an increase in prices for food products  (including alcohol and cigarettes) by 13.1% and non-food products by  9.6 %, with an increase in tariffs for services by 1.8%, while a year  earlier (July 2020 to July 2019) there was an increase in the price  of food products by 2.1% and an increase in tariffs for services by  1.4%, while the prices of non-food products remained unchanged. This  is evidenced by the data of the RA Statistical Committee.

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After a long time, passenger transportation in Armenia has grown in  conditions of coronacrisis 
 Saturday, July 10 2021 10:56

ArmInfo.After a long time, passenger transportation in Armenia under the conditions of the coronacrisis, grew by 2.6% per annum in January-May 2021 (from a  49.2% decline a year earlier), amounting to 40,904.7 thousand people.  This is evidenced by the data of the RA Statistical Committee.

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Revenue in communications sector of Armenia increased by 3.2% per  annum by June 2021
 Saturday, July 10 2021 10:55

ArmInfo.Revenue in the communications sector of Armenia in January-May 2021 amounted to 58.1 billion drams ($ 111 million), with an increase of 3.2% per annum  (against a 4% decline a year earlier). This is evidenced by the data  of the RA Statistical Committee.

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Trade sector in Armenia is heading towards recovery to pre-COVID  growth rates
 Saturday, July 10 2021 10:46

ArmInfo.In January-May 2021, the trade sector of Armenia with a volume of 1.187 trillion drams ($ 2.2 billion), grew by 7.4% per annum (from a 10.8% decline a year  earlier), slightly falling short of 9.4% growth in the same period of  2019. According to the Statistical Committee of the Republic of  Armenia, the upward trend is due to the growth in retail and  wholesale trade, in parallel with which there is a noticeable  slowdown in the decline in car trade.

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Revenue of service sector in Armenia grew by only 0.9% in 5 months
 Saturday, July 10 2021 10:45

ArmInfo.In January-May 2021, the revenue of the service sector in Armenia grew only by 0.9% (from a 4.2% decline a year earlier), amounting to 703.1 billion drams ($  1.3 billion). According to the Statistics Committee,  for May  2021alone, the volume of services provided increased by 3.4%,  amounting to 152.1 billion drams ($ 291.7 million).

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The client base of Armenian banks increased by 7.4% by May 2021
 Saturday, July 10 2021 10:44

ArmInfo.The client base of banks in Armenia totaled 3.212.853 individuals and 107.351 legal entities by May 2021. This is evidenced by the data of the Central  Bank published in the report of the RA Statistical Committee.

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Armenia`s foreign trade turnover with EU countries reaches  double-digit growth
 Thursday, July 8 2021 14:14

ArmInfo. Armenia's foreign trade turnover with the EU countries in January-May 2021 reached 16.6% growth (from a 19.8% decline a year earlier), amounting to $ 573.2  million.

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Armenia`s foreign trade turnover with EAEU countries grew by 11.1%  per annum in January-May 2021
 Thursday, July 8 2021 11:13

ArmInfoArmenia's foreign trade turnover with the EAEU countries in January-May 2021 compared to the same period of 2020 increased by 11.1% (against 3.2% growth a year  earlier), amounting to $ 909.2 million, as evidenced by the final  data of the RA Statistical Committee.

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Russia and China remain Armenia`s main foreign trade partners
 Wednesday, July 7 2021 17:28

ArmInfo. Russia and China remain the main foreign trade partners of Armenia.

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Growth rates of electricity generation have slowed down in Armenia 
 Wednesday, July 7 2021 17:17

ArmInfo.In Armenia, in January-May 2021, electricity generation amounted to 3310.3 million kWh, with a slowdown in y-o-y growth from 8.3% to 2%. And over the month alone,  it slightly slowed down the decline from April 13% to May 12.9%,  amounting to 557.3 million kWh.  This is evidenced by the data of the  RA Statistical Committee.  According to statistics, in January-May  2021, compared to the same period in 2020, electricity generation 

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