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According to the data released by Armenia’s National Statistical Service (NSS), the economic activity index (EAI) of Armenia has increased by 6.5% in January-March 2019, to compare with the same period of the previous year. The index at the same time increased by 14.8% in March from February 2019.

According to the NSS, the utmost growth was registered in the construction sphere in the mentioned period. In particular, Armenia’s construction volumes grew by 10.8% in January-March 2019, which accounts for 47 billion 728.2 AMD.

Armenia’s industrial output grew by 2% more than 16.1% to compare with February and 2.2% with March data of the previous year.

The service volume (excluding the trade) rose by 17.3%, while the consumer prices, according to the NSS statistics, also increased by1.5% compared to January-March 2019. Compared to data of the previous year the gross agricultural output dropped by 0.2% in January-March 2019, while the electricity production volumes recorded 14% decrease.

The external trade turnover of Armenia dropped by 5% with the exports volumes decreasing by 8.6% and imports volumes – by 3.1%
According to the NSS data, during January-March 2019, the average monthly salary in Armenia grew by 4.3 % and the average annual wage by 5.9%. In the public sector, the average salary stood at 146,5 thousand AMD, showing a 4.4% increase. In the private sector, the average wage rose by 3%, totaling to 189 thousand AMD.