Fri, 6 February
-1.9 C
Yerevan
USD: 378.01 RUB: 4.94 EUR: 445.56 GEL: 140.45 GBP: 513.64

Economic activity in Armenia climbs 6.6 % this March from a year earlier

YEREVAN, May 2. /ARKA/. Economic activity in Armenia jumped 6.6% in March of this year from the same month a year earlier, the National Statistical Service of Armenia reports ARKA.
The economic activity within January-March 2012 climbed 6.1 % compared to the same period a year earlier.

The statistics shows that construction  sector of Armenia reported 9.5% tumble in March of this year from the same month last year whereas construction works jumped almost twice to over 20.7 billion drams in March from February.

Industrial production in March of this year rose by 12.6%  from a year earlier and 9.2% from February to 85.6 billion drams.
Agricultural sector advanced 0.1% to nearly 27.1 billion drams in March compared to the same month last year.

Foreign trade in Armenia increased by 20.4% to 204.4 billion drams ($525.6 million) within the reported period.
The volume of provided services gained 12.6% to nearly 74.9 billion drams in March of this year from a year earlier.

The state budget for 2012 year  projects  4.2 percent GDP growth. ($1-392.16 drams). —0–

spot_img

POPULAR

Preserving Armenia’s Cultural Heritage: Unique Monasteries and Historical Sites Documented (VIDEO)

Starting in 2023, the Identity Foundation began documenting Armenia's centuries-old monasteries, churches, and cultural monuments.

Net inflow of money transfers to Armenia from abroad increased by 8.6% in 2025

The net inflow of cross-border remittances to individuals in Armenia, received from abroad through the Armenian banking system, amounted to $1.64 billion in January-December 2025, compared to $1.51 billion in January-December 2024, according to a report from the Central Bank.

Central Bank of Armenia maintains refinancing rate due to  balance of supply and demand – Galstyan

The Central Bank of Armenia's Board has opted to keep the refinancing rate steady, primarily because of the balance between supply and demand,  stated  the head of the bank, Martin Galstyan.

Armenia’s Financial System in January 2026: Balancing Monetary Policy, Credit Growth, and Debt Sustainability

In January, Armenia's financial system evolved within the macroeconomic and monetary-credit frameworks previously established. The monetary policy adhered to the parameters set for late 2025, the banking sector continued to enhance credit intermediation, and debt policy remained a priority for financial authorities and investors.

Euro drops against Armenian dram while US dollar ups a little

The average market exchange rate for the US dollar to the Armenian dram on February 2, 2026, increased by 0.39 points compared to January 30, reaching 379.03 drams.

LATEST NEWS

spot_imgspot_imgspot_img