For example, in the first 6 months the index grew by 4.8% year-on-year, but fell to 3% for January-July, to 2.4% for January-August, to 1.6% for January-September and to 0.4% for January-October. However, in November the growth recovered to 2.3% versus previous November.
The growth in the 11 months of this year was secured by industry, trade and services. Thus, the industrial output grew by 6.8% to about 1.285.6 trillion drams, services grew by 7.8% to 1.141.9 trillion drams and domestic trade rose by 0.3% to 1.944.1 trillion drams..
The agricultural GDP declined by 6.1% to 836.1 billion drams, while construction sector shrank by 11% to 320.1 billion drams.
Armenia’s foreign trade in January-November 2016 amounted to approximately $4.576.3 billion, having increased by about 8% year-on-year.
According to the NSS, in November, consumer prices rose by 1% from October, and decreased by 1.4% if compared to November last year.
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