Armenia’s economic activity index grows 4.9% in eight months

13:07,

YEREVAN, SEPTEMBER 27, ARMENPRESS. The economic activity index in Armenia has increased by 4.9% in January-August 2021 compared to the same period of 2020, the Statistical Committee said in a statement.

The industrial production volume increased by 1% in that period, and the construction volume by 7.3%.

The growth in the trade turnover comprised 7.1%, and the volume of services (without trade) increased by 5.3%.

The consumer price index grew by 6.4%, the index of industrial production prices – 9.8%, however, the electricity production volume decreased by 1.5%.

12.7% growth was registered in the external trade turnover volumes in January-August this year. The export from Armenia grew by 21.8% and the import by 7.7%.

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