October 21, 2013 - 17:31 AMT
Industry, agriculture promote economic activity increase in Armenia

Armenia’s economic activity index grew by 10,3% in September 2013 as compared with August 2013, according to the National Statistical Service of Armenia.

Consumer prices grew by 8,2% in September 2013 as compared with the same period in 2012. 0,2% deflation was reported in September 2013 as compared with August.

The national budget envisages 6,2%, economic growth, and 4±1,5% inflation for 2013.

А 12,7% industry growth was reported in September 2013 against the same period in 2012, with a month-on-month increase of 6,7% reported.

A 1,5% increase was posted in the sector of agriculture in September 2013 against the same period in 2012, with a 29,4% month-on-month growth reported.

In January-September 2013, a 9,2% drop in construction was posted against the same period in 2012, with a year-on-year decrease totaling 11,9%.

Armenia posted a 0,9% trade turnover drop in September 2013 against the same period in 2012, 0,4% increase in the services sector and 0,5% drop in the energy sector reported.

Armenia’s foreign trade turnover totaled $513,1 mln (AMD 209,5 bln) in September 2013 increasing by 18,4% compared with the same period in 2012, according to updated statistical data.

Export amounted to $136,4 mln (AMD 55,7 bln) in September 2013, increasing by 23,3%. against 2012 results. The monthly export fell by 7,6%.

A 16,7% increase was recorded in import bringing it to $376,7 mln (AMD 153,8 bln,) the RA National Statistical Service reported.

The negative balance of foreign trade turnover amounted to $1 992,4 mln (AMD 818,5 bln) in January-September 2013 compared with the same period in 2012.