Armenia’s economic activity index grows 4.3% in five months

17:07,

YEREVAN, JUNE 25, ARMENPRESS. Armenia’s economic activity index increased 4.3% in January-May 2021 compared to January-May 2020, and the increase only in May compared to May 2020 comprised 10.9%, the Statistical Committee reported today.

Industrial production volume increased 2.3%, construction volume – 14.3%.

The increase in trade turnover comprised 7.4%, in the services field (without trade) – 0.9%.

Consumer price index increased 5.5%, industrial production price index – 9% and energy production volume – 2%.

11.6% increase has been registered in external trade turnover volumes in January-May 2021, whereas in May only the growth was 35.3% compared to May 2020.

Export from Armenia in January-May 2021 increased 20.8%, import – 6.7%.

Dram exchange rate against US dollar has been 523.87 as of January-May 2021.

Editing and Translating by Aneta Harutyunyan

Emil Lazarian

“I should like to see any power of the world destroy this race, this small tribe of unimportant people, whose wars have all been fought and lost, whose structures have crumbled, literature is unread, music is unheard, and prayers are no more answered. Go ahead, destroy Armenia . See if you can do it. Send them into the desert without bread or water. Burn their homes and churches. Then see if they will not laugh, sing and pray again. For when two of them meet anywhere in the world, see if they will not create a New Armenia.” - WS