Seda Hergnyan

Armenia's Economic Activity Index Up 4%; Agriculture Biggest Gainer

Armenia’s Economic Activity Index (EAI) has increased 4.2% in the first half of 2015 when compared to the same period last year.

Gross agricultural output totaled 92.8 billion AMD in July; up 15.6% over July 2014.

The service sector (no sales) in July amounted to 103.9 billion AMD; up 0.5% over July 2014.

Manufactures stood at 108.7 billon AMD; down 1.2% from July 2014.

Construction output amounted to 35.9 billion AMD; down 0.2% from July 2014.

Trade output stood at 204.4% billion AMD; down 2.8% from July 2014.

So far this year Armenia’s EAI was highest in June (8.5%) and lowest in January (1.9%).

(1 billion AMD = US$ 2,097,230)