Armenia’s economic activity ups 2.7% in Jan-Apr 2015
YEREVAN, May 20. /ARKA/. Armenia’s economic activity indicator rose 2.7% in Jan-Apr 2015, compared with the same period a year earlier, the National Statistical Service of Armenia reports. Consumer prices went 5% up in Jan-Apr 2015, compared with the same period a year before, and prices for industrial goods rose 4.2%. Industry’s output amounted to AMD 393.1 billion in Jan-Apr 2015, and this is 4.2% more than in Jan-Apr 2014.
According to the statistical report, the agriculture sector accounted for the output amounting to AMD 120.9 billion and a 4.8% year-on-year growth, and the construction sector for AMD 66.2 billion and 0.5% respectively. Armenia’s domestic trade fell 7.6% to AMD 607.9 billion, and services rose 3.1% to AMD 341.95 billion. The country’s foreign trade shrank 31.4% to $258.1 million. In the government budget for 2015, GDP growth is projected at 4.1%.