Armenia's domestic trade up 23.6% in first half of 2023

YEREVAN, August 8. /ARKA/. Armenia's domestic trade upped 23.6% in the first six months of 2023 from the same time span of 2022 to about 2 trillion 281 billion drams (in current prices), the National Statistical Committee reported.

It said the retail trade amounted to about 771 billion drams, up 5.2% from the first six months of 2022. The wholesale trade grew by 34.2 % to about 1.4 trillion drams. Sales of vehicles raised about 116 billion drams growing by 61.5% year-on-year.

Stores accounted for 82% of the retail trade or over 630.2 billion drams showing 7.7% y-o-y growth. Consumer goods markets accounted for 4.1% of the total or about 32 billion drams having slashed by 2.1%.

Farmer markets accounted for about 1% of the total or over 7.4 billion drams. Their share grew by 1% from the first month of 2022.

Kiosk trade dropped by 4.3% to over 11 billion drams. Other trade outlets accounted for about 91 billion drams or 12% of the total. ($1 – 386.09 drams) -0-