Armenia’s economic activity rose by 3.6% in January-April

YEREVAN, May 20. /ARKA/. Armenia’s economic activity index, according to preliminary statistics, rose by 3.6% in January-April this year compared to the same period of 2013, ArmStat reported.

Consumer prices hiked by 4.6% and industrial producers’ prices by 6.7% compared to January-April 2013, according to the report.

Industrial production output was 369.76 billion drams in the reporting period (1.4% reduction).

Agriculture output amounted to 111.29 billion drams (4.1% increase), construction output was 61.78 billion drams (0.7% increase), domestic trade turnover – 627 billion drams (5.1% increase) and output in the services sector – 317.7 billion drams (2.8% increase).

Armenia’s foreign trade turnover was about $1,812.8 million as of the end of January-April, a 1.6% year-on-year increase.

GDP growth is 5.2% under 2014 budget. ($1 – 413.31drams). –0—

spot_img

POPULAR

Euro and ruble exchange rates against the Armenian dram rise, dollar falls – Central Bank of Armenia

The average market exchange rate of the US dollar against the Armenian dram in Armenia's currency market fell by 0.04 points on October 9, 2026, compared to October 8, settling at 361.93 drams.

US dollar and ruble exchange rates against the Armenian dram rose, while the euro rate fell – Central Bank of Armenia data

The average market exchange rate of the US dollar against the Armenian dram in Armenia's currency market rose by 0.18 points on October 7 compared to October 6, reaching 362.32 drams.

Armbanks Weekly Digest: Key Events in Armenia’s Financial Market (October 5–11)

Armenia’s financial agenda last week covered inflation trends, capital market activity, new bank bond issuances, and cross-border remittances.

$284.4 million for housing for refugees from Artsakh and mortgage market development: Armenian parliament ratifies agreement with IBRD

The National Assembly of Armenia, at an extraordinary session on Monday, ratified loan and grant agreements totaling $284.4 million with the International Bank for Reconstruction and Development (IBRD, part of the World Bank Group).

NVB Frontier Forum: Where global technology market and private capital meet in Yerevan

Space technologies, artificial intelligence, and private markets are gradually emerging as key areas for new investment opportunities.

LATEST NEWS

spot_imgspot_imgspot_img