Wed, 30 July
36.1 C
Yerevan
USD: 383.94 RUB: 4.85 EUR: 450.25 GEL: 141.78 GBP: 516.63

Armenia’s economic activity index ups to 107.1% in Q4

YEREVAN, December 20. /ARKA/. Economic activity index of Armenia climbed  to 107.1% in the fourth quarter of 2012  from a year earlier, the Central Bank reported Thursday.

From the third quarter economic activity rose to 106.6%.

Construction sphere posted the highest economic activity index in the reported period (113.3%). Economic activity in industrial sector dropped by 5.9%.

Furthermore, business environment index slashed by 1.7% to 98.3% in Q4 from the same quarter a year earlier due to tumbles in construction by 5.7% and services by 2.8%. Business environment index advanced in commerce sphere (101.9%), which also posted higher economic activity index in the fourth quarter. The actual business activity and sub-indices of expectations fell by 97.6% and 98.8% respectively.

Economic activity index is measured by averaged assessments and expectations of respondents related to the volume of  production, production orders and the projected changes in productive supplies.

Business environment index is measured by averaged assessments of the organizations related to economic situation and risks.

Since early 2005, the Central Bank has been conducting quarterly surveys among non-financial, financial organizations and households to measure how the present economic situation and expectations  changed from earlier period.—0-

spot_img

POPULAR

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

Armenia’s economy to stabilize on 5.5% growth trajectory in 2025 – EDB forecast

According to EDB forecasts, Armenia's economy will stabilize on a 5.5% growth trajectory with domestic demand remaining the main driver of development.

Ranking of most profitable banks in Armenia based on results of first quarter of 2025

ARKA news agency publishes the ranking of the most profitable commercial banks in Armenia based on the results of the first quarter of 2025.

Fitch expects inflation in Armenia to remain within the target level until 2027

International rating agency Fitch expects inflation in Armenia to remain within the target level until 2027, although soft fiscal policy and the projected moderate weakening of the dram create certain risks.

A scheme for stealing funds through fake investment platforms  exposed in Yerevan

A criminal group operating in one of the capital's business centers and stealing citizens' money through Internet calls has been exposed in Armenia, the Investigative Committee of Armenia reports.

LATEST NEWS

spot_imgspot_imgspot_img