Armenia: unemployment rate down in Q2 2019

Unemployment rate dropped in Armenia by 2.6% in the second quarter of 2019, compared to the same period of 2018, amounting to 17.7%, the Statistical Committee reported. The number of unemployed people comprised 207.2 thousand in the second quarter of 2019, against the 236.4 thousand people in the second quarter of 2018. The unemployment rate…

Armenia: chocolate exports up in H1 2019

Prime Minister Nikol Pashinyan revealed in a Facebook post that export of chocolate from Armenia grew by 30.3% in the first six months of 2019. It was reported earlier that alcohol production saw double-digit growth in January-June. The production of brandy expanded by 44%, while that of vodka, wine and beer grew by 37%, 43%…

Armenia: economic activity index up in H1 2019

Armenia’s economic activity index grew by 6.5% YoY in January-June, according to official data published by the National Statistical Committee. In particular, the service sector grew by 15.3%, trade turnover by 8.9% and the industrial output by 6.9%. In January-June construction volumes increased by 4.7%. Consumer price index grew by 2% and the agricultural output…

Armenia: exports up in May 2019

According to the National Statistical Service of Armenia, Armenia recorded a 11.7% growth of exports of goods in May 2019 against May 2018. Some types of the goods recorded double-digit rise of export in May 2019 against May 2018, as well as in the January-May of this year against the same period of 2018. Some…