Armenia's domestic trade up 10.7% in 6 months of 2022 to over 1.8 billion drams –NSC

YEREVAN, August 8. /ARKA/. Armenia's domestic trade upped 10.7% in the first six months of 2022 from the same time span of 2021 to over 1.8 trillion drams (in current prices), the National Statistical Committee reported.

It said in June 2022 alone, the domestic trade was up 18.2% from June, 2021 totaling about 378.7 billion drams. Compared to May 2022 the growth was 12.8%.

The retail trade amounted to about 720.3 billion drams or 40% of the total. The figure was up 2% from the first six months of 2021.

The wholesale trade grew by 15.4% to over one trillion drams or 56.2% of the total. Sales of vehicles raised about 67.9 billion drams growing by 52.6%.

Stores accounted for 78.9% of the retail trade or over 568 billion drams showing 4% y-o-y growth. Consumer goods markets accounted for 4.3% of the total or about 31 billion drams having dropped by 15.8%.

Farmer markets accounted for only 1% of the total or 7.3 billion drams. Their share dropped by 11.6% from the first six months of 2021.

Kiosk trade dropped by 11.6% to 1.5% of the total or 11.2 billion drams. Other trade outlets grew by 0.7% to 110.9 billion drams or 14.3% of the total. ($1 – 406.14 drams) -0-