ARMENIAN CONSUMER MARKET GROWS BY 16.1% IN JANUARY-OCTOBER<br /> 2006 ON SAME MONTHS OF LAST YEAR<br />


ARMENIAN CONSUMER MARKET GROWS BY 16.1% IN JANUARY-OCTOBER
2006 ON SAME MONTHS OF LAST YEAR

  • 07-12-2006 15:26:00   | Armenia  |  Economy
YEREVAN, DECEMBER 7, NOYAN TAPAN. In January-October 2006, the Armenian consumer market amounted to 1 trillion 195 billion 307.4 million drams (over 2 bln 811.3 mln USD), exceeding by 16.1% the index of the same months of last year (at comparable prices). According to the RA National Statistical Service, trade turnover made 812 bln 537.4 mln drams, growing by 14% on the first ten months of 2005. In the period under review, trade turnover accounted for 68% of the consumer market against 69.8% in January-October 2005. Car trade, including specialized trade in cars and their spare parts, as well as their servicing and repairs, made 55 bln 945.8 mln drams, exceeding by 39% the respective index of last year. Car trade accounted for 4.7% of the consumer market against 3.8% in January-October 2005. Retail trade amounted to 607 bln 577 mln drams in January-October 2006, growing by 10.3% on the same period of last year. Retail trade accounted for 50.8% of the consumer market against 54% in January-October 2005. Services made 382 bln 770 mln drams in the first ten months of 2006, growing by 22.5% on the same period of last year. Services accounted for 32% of the country's consumer market against 30.2% in January-October of last year.
  -   Economy