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August 2, 2017  12:38

Economic activity index of Artsakh was 115 percent in the first quarter of 2017

In January-June of 2017 the economic activity index of Artsakh was 115 percent in comparison with the corresponding period of the previous year, the National Statistical Service states.

STEPANAKERT, AUGUST 2, ARTSAKHPRESS: According to the same source, in the first quarter of 2017 the Gross Domestic Product amounted 43.3 billion Drams at market prices as compared to last year’s 108.1%.

In January- March of the current year higher rates were recorded in industrial production, construction, foreign trade, amounting 115.6%, 151.3% and 160.2% respectively.

It should be noted that the exploitation of the open pit is particularly noticeable in the sector of industry. The volumes of export in the foreign trade turnover had increased considerably, reaching $ 17.6 billion and providing 170.6%.

Gross output of the agricultural sector was 5.1 billion drams, which declined by 15.1% as compared to  the same period  of the last year. Forestry and fishing are also contributed to the agricultural sector.

The nominal average monthly salary was 101.1%, which did not undergo significant changes as compared to last year. Meanwhile, the consumer price index was 98.8%, dropping to 1.2% as compared to the previous year.

An increase has been recorded in the trade turnover and services sectors, amounting 106.5 and 108.3 percent respectively.

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