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    Emil Lazarian
  • 2 years ago
    • Categories: 2022

Armenia’s economic activity index grows 11.8% in six months

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 12:44,

YEREVAN, JULY 25, ARMENPRESS. Armenia’s economic activity index increased by 11.8% in January-June 2022 compared to the same period of the previous year, the data released by the Statistical Committee says.

The industrial production volume grew 5.8% in January-June compared to the same period of the past year.

Gross domestic agricultural production volume declined by 5.5% compared to the same period of 2021.

Construction volume registered a 12.7% increase in January-June.

The increase in trade turnover comprised 10.7% in the first six months of this year.

The volume of services increased by 26.9%.

The growth in consumer price index is 8.1%, that in industrial production price index – 7.8%. Electricity production volume increased by 14.8%.

44% growth was registered in the external trade turnover volumes in January-June 2022 compared to January-June 2021. The export growth at this period comprised 36.3%, and the import growth – 48.7%.

The dram exchange rate against the US dollar comprised 468.24 in January-June 2022.

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