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

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.

Rate.Trading: Currency Exchange on a New Digital Platform

The development of digital financial services today involves not only improving existing banking products but also creating specialized platforms that make financial services more efficient and accessible.

Armenia proposes EBRD expand SME support to diversify exports

Armenian Minister of Economy Gevorg Papoyan and a delegation from the European Bank for Reconstruction and Development (EBRD)—led by Elisabetta Falcetti, Managing Director for Turkey and the Caucasus—agreed to advance their cooperation agenda during a meeting on Thursday.

Armbanks Weekly Digest: Key Events in Armenia’s Financial Market (September 21–27)

Armenia’s financial agenda this week centered on developing regulatory cooperation, digitizing currency transactions, and expanding capital market instruments.

Exchange rates of the euro, ruble, and dollar against the Armenian dram have fallen – Central Bank of Armenia data

The average market exchange rate of the US dollar against the Armenian dram, established on Armenia's currency market, fell by 0.06 points on September 24 compared to September 23, settling at 363.38 drams.

LATEST NEWS

spot_imgspot_imgspot_img