ARMENIAN GDP DECREASED IN JANUARY-MARCH
According to the data provided by the Armenian National Statistical Service, 6,1 percent of economic decline was recorded in Armenia in January-March of this year. GDP decreased to AMD 465,5 billion compared with the same period of last year.
In January-February of this year the recorded decline was 3,7 percent. Actually, the economic decline in Armenia continues to deepen. It's worth to mention that 22,1 percent of economic growth was recorded in March compared with February Though quarterly decline is perceptible.
9,5 percent of decline was recorded in industry, though 1,9 percent of growth was recorded here in March compared with February. The industrial decline was 9,1 percent without electricity production The latter decreased by 16,2 percent.
Gross agriculture output decreased by 5,1 percent.
0,7 percent of decline was recorded in the sphere of services. A growth was recorded only in retail trade - 3,9 percent.
The number of the officially registered unemployed has increased; 5,3 percent - in the first quarter of this year. The average wages increased by 16,4 percent to AMD 97.900, in the public sector - AMD 80.000, in the private one - AMD 123.000.
Foreign trade turnover decreased by 27,7 percent to USD 782 mln compared with the same period of last year. Export decreased by 47 percent to USD 123 mln, import - 22,2 percent to USD 658,5 mln.
Consequently, we can say that though a little growth is recorded in each month compared with the previous one, the economic indexes have declined compared with the same period of last year.
It's worth to mention that part of the big infrastructural and loan projects hasn't started yet, and consequently GDP growth will be perceptible only in summer months.
- By Ara Martirosian, translated by L.H.
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By Ara Martirosian, translated by L.H.According to the data provided by the Armenian National Statistical Service, 6,1 percent of economic decline was recorded in Armenia in January-March of this year. GDP decreased to AMD 465,5 billion compared ...
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- 1729 Birth of Tsarina Catherine the Second, Empress of Russia from 1762. She died in 1796.
- 1858 Sultan Abdul Megid proclaims the Agrarian Law, which sets out new norms of land ownership.
- 1924 Death of Italian dramatic actress Eleanora Dyoozeh.
- 1926 Death of semasiologist Y. G. Mrmyan.
- 1990 An international, three-day meeting on the Armenian Genocide takes place in Yerevan. It was devoted to the 80th anniversary of the Armenian Genocide.
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