Armenia’s economic activity index in January-May declined by 3.9% YoY, according to the data released by the National Statistical Committee.
Industrial production volume grew by 2.4%.
The volume of construction in January-May declined by 23.4%.
The decline in trade turnover comprised 10.8% and that in the services field – 4.2%.
In January-May, consumer price index and industrial production price index increased by 0.3%.
Electricity production increased by 8.3%.
The average nominal salary rose by 7.9%, comprising 190,166 AMD. In the public sector it increased by 8.7% and in the private sector – 7.1%.
Compared to January-May 2019, the external trade turnover declined by nearly 11.2%, moreover, the decline in export comprised 8.1% and that in import – 12.8%. (Armenpress/Business World Magazine)
