YEREVAN (Armenpress) — Armenia’s economic activity index grew 6,1 % in January 2019 against the previous year’s same month, according to the national statistical committee.

Construction growth was 22,1%. Electric-energy production dropped 26,3%, while service volume (excluding trade) grew 15,6%.

Consumer price index increased 0,6%, while the industrial product price index dropped 2,6%.

Trade turnover grew 19,3%.

The industrial output volume is 0,4% lower against the 2018 January indicator.

The average monthly nominal wage grew 4,1% (172,198 AMD). The average monthly nominal wage in the public sector grew 6,5%, amounting 149,399 AMD. In the private sector, it grew 1,8%, totaling 184,646 AMD.

Foreign trade turnover volumes dropped 7,6% in the reporting period (15,8% drop in exports and 3,3% drop in imports).

Leave a Reply

Your email address will not be published. Required fields are marked *

Sign Up for Our Newsletters

Get notified of the latest updates from MassisPost.

You May Also Like

Forbes Lists Yerevan Among 10 Underrated Destinations to Visit in 2020

NEW YORK — Forbes magazine has listed Yerevan, the capital of Armenia,…

Ararat Home Purchase of Senior Living Community in Glendale Complete

MISSION HILLS, CA – Ararat Home of Los Angeles announces the successful…

Armenia National Basketball Team Crashes Wales and Qualifies for Semifinals

CIORESCU, MOLDOVA — The Armenia national basketball team crashed 92:40 the Wales…

The AGBU Armenian Virtual College Expands Focus on Armenian Language Education

YEREVAN — In April, the AGBU Armenian Virtual College (AVC) launched its…