By Smbat Grigoryan

According to preliminary official statistics, the physical volume of Armenia’s industrial output has increased by 11.4 in June, on an annual basis.

This growth is not a small achievement against the backdrop of the stagnation of, or even decline in, industrial production in several other Commonwealth of Independent States (CIS) countries, including the other Eurasian Economic Union (EAEU) member states.

According to results in the first half of the year, the physical volume of industrial output in Armenia has increased by 8.9 percent.

And ore production has had the greatest impact on the overall respective indicator, and ensured 3.7 percent of this growth.