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Armenia’s economic activity index down by almost 50%

Armenia Materials 23 February 2016 12:32
Armenia’s economic activity index fell by 49.2 percent in January 2016 compared to December 2015.
Armenia’s economic activity index down by almost 50%

Baku, Azerbaijan, Feb. 23

Trend:

Armenia's economic activity index fell by 49.2 percent in January 2016 compared to December 2015, Tert.am agency reported citing the press service of Armenia's National Statistical Service.

In January 2016, the volume of industrial products dropped by 28.7 percent compared to December 2015, said the agency.

The volume of construction decreased by 0.7 percent in January 2016 compared to December 2015.

As compared to January and December of 2015, the volume of trade turnover decreased by 2.7 percent and 58.6 percent respectively in January 2016.

The electricity output dropped by 6.9 percent in January 2016 compared to December 2015.

The average monthly nominal salary fell by 19.5 percent in January 2016 compared to December 2015 and by 3.5 percent compared to January 2015.

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