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Armenia observed significant growth in its economic activity in January–September 2022 compared to the same period last year

December 08,2022 17:31

Armenia observed significant growth in its economic activity in January–September 2022 compared to the same period last year.

During this period, the economic activity indicator amounted to 14.1%, and September 2022 had a 14.6% growth compared to September 2021.

Growth was recorded in all sectors of the economy, which was due to the growth of both internal and external demand.

A significant positive shift was recorded in Armenia’s foreign economic activity when comparing the first 9 months of 2022 with the same period the previous year, e.g. Armenia’s export increased by 63.8%.

MINISTRY OF ECONOMY OF RA

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