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August 17
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YEREVAN. – Armenia’s economic activity index comprised 7.4 percent in January-May 2012, the National Statistical Service informs. 

And an 8-percent economic activity was registered in May 2012, as compared with May 2011, and this is a repeat of this year’s highest indicator. 

The economic activity index was at 7.2 percent in January-April. 

The economic activity’s primary engine continues to be industry, with a 15-percent growth. Agriculture registered a 3.2-percent growth. To note, May is the beginning of the country’s agricultural season, and therefore the agricultural growth will accelerate in June.

The services sector registered a 10.4-percent growth, trade turnover increased by 1.7 percent and it rose by 9.6 percent in May as compared with April.

Construction continues to fall and this comprised 8 percent within the past five months. And the construction volume dropped by 12.8 percent in May 2012 as compared with May 2011.

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