Armenia’s economic activity index has declined 7.2% in January-November 2020 compared to January-November 2019, the National Statistical Committee reports.
Industrial production volume declined 0.2%. Construction volume declined 11.2%. The decline in trade turnover comprised 13.5%, and that in the services volume – 13.6%.
In January-November consumer price index increased 1%, the industrial production price index grew 2.2%. Electricity production volume increased 1.8% in the aforementioned period.
Average monthly nominal salary in Armenia increased 4.2%, comprising 186,167 drams.
External trade volumes have also registered decline – 12.4%: the export declined 5.2% and the import – 15.9%.
Dram exchange rate against the US dollar was 486.29 as of January-November 2020.