EN
7 November 2023 - 11:56 AMT

Armenia’s industrial output down by 0.6% in nine months of 2023

Armenia's industrial output in the first nine months of 2023 amounted to over AMD 1.8 trillion in current prices, down 0.6% compared to the same period of 2022, according to the National Statistical Committee (via Arka.am).

The industrial output in September alone amounted to about AMD 227.6 billion, down 4.3% from September 2022 and down 1.5% from August 2023.

The mining sector accounted for over AMD 357.2 billion, 4.5% decrease compared to the same period in 2022. The processing industry’s output fell by 0.4% yoy to over AMD 1.2 trillion.

Electricity, natural gas, steam and purified air supplies amounted to about AMD 235. 5 billion, 4.2% growth against the same time span in 2022, while water supply, sewerage, waste management and recycling grew by almost 5.6% to over AMD 22.2 billion.