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    Emil Lazarian
  • 1 year ago
    • Categories: 2023

Armenia economic activity index grows 11,4% in six months

 12:55,

YEREVAN, JULY 25, ARMENPRESS. The economic activity index of Armenia grew 11,4% in January-June 2023 compared to last year’s same period, according to official data published by the Statistical Committee.

Industrial production volume grew 1% and stood at 1 trillion 167 billion 535 million drams.

Construction grew 17% and comprised 174 billion 155 million 400 thousand drams.

The trade turnover grew 23,6% and amounted to 2 trillion 280 billion 859 million 800 thousand drams. Services grew 16,8%.

The consumer price index grew 4,2%, while the industrial product price index dropped 1%. Electricity production dropped 2,7%.

Total foreign trade turnover grew 72,9% in the reporting period and stood at 3 trillion 467 billion 200 million drams (exports amounted to 1 trillion 273 billion drams (72,8% growth), while imports comprised 2 trillion 194 billion 200 million drams (73% growth)).

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