Armenia’s industrial output drops by 2.8 percent to 274.3 billion drams

Armenia’s industrial output drops by 2.8 percent to 274.3 billion drams

YEREVAN, May 8. / ARKA /. Armenia’s industrial production in January- March 2014 amounted to 274.3 billion drams, a 2.8 percent decline when compared with the same period in 2013, according to the National Statistical Service (NSS).

NSS said the manufacturing sector accounted for 59.3% of the total output. Its share decreased by 4.1% from the year before to 162.9 billion drams. 

The mining sector decreased by 1.1% to 44.5 billion drams. Supplies of electricity, gas, steam and air conditioning dropped by 0.5 percent to 62.6 billion drams. Water supply and water treatment and recycling output grew by 6 percent to more than 4.2 billion drams.  ($ 1 - 413.29 drams). -0-

17:20 08.05.2014

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