Armenia’s economic activity index in the third quarter of 2010 increases to 65.6%

YEREVAN, September 27, /ARKA/. Armenia’s economic activity index in the third quarter of 2010 increased by 6% from Q2 to 65.6%, the Central Bank of Armenia said in a press release. It said economic activity index in the third quarter grew by 5.8% year-on-year. The Central Bank said also business environment index declined by 1.7% from Q2, 2009 to 50.3%, while consumer confidence index dropped by 2.2% to 45.8%.

The figures are based on a series of surveys conducted by the Central Bank randomly among 1,066 companies dealing with industry, construction and services and 1,814 households in Yerevan and all 10 provinces. The surveys were made by Internet, telephone, letters and fax to calculate the economic activity and business environment and consumer confidence indexes. The Central Bank has been conducting the surveys since 2005. -0-

YEREVAN

, September 27, /ARKA/. Armenia’s economic activity index in the third quarter of 2010 increased by 6% from Q2 to 65.6%, the Central Bank of Armenia said in a press release. It said economic activity index in the third quarter grew by 5.8% year-on-year. The Central Bank said also business environment index declined by 1.7% from Q2, 2009 to 50.3%, while consumer confidence index dropped by 2.2% to 45.8%.
The figures are based on a series of surveys conducted by the Central Bank randomly among 1,066 companies dealing with industry, construction and services and 1,814 households in Yerevan and all 10 provinces. The surveys were made by Internet, telephone, letters and fax to calculate the economic activity and business environment and consumer confidence indexes. The
Central Bank has been conducting the surveys since 2005. M.M. -0-

spot_img

POPULAR

Armenia and World Bank Discuss Priorities for Tax and Customs Administration Reform

Priorities for the next phase of tax and customs administration reform in Armenia were discussed during a meeting between Eduard Hakobyan, Chairman of the State Revenue Committee (SRC) of Armenia, Fabrizio Zarcone, Head of the World Bank Office in Yerevan, and Alexandra Cole, the UK Ambassador to Armenia.

VTB (Armenia) offers corporate clients effective solutions for managing idle funds

VTB (Armenia) offers a range of three deposit products for corporate clients, each with different terms for placing funds.

Armenian Government Approves 2027 State Budget Draft

At its meeting on Thursday, the Armenian government approved the draft law "On the State Budget of the Republic of Armenia for 2027," which will be submitted to the National Assembly in accordance with established procedure.

4.3% inflation recorded in Armenia in September

Armenia’s Statistical Committee reports that 12-month inflation in the country's consumer market stood at 4.3% in September of this year.

Central Bank of Armenia has issued a warning regarding illegal activities of credit organization My Fin UCO

The Central Bank of Armenia has issued a warning to the public regarding a company operating on Facebook under the name "My Fin UCO," which offers lending services without the appropriate regulatory license.

LATEST NEWS

spot_imgspot_imgspot_img