Armenian deputy prime minister off to Russia for economic talks

The turnover of the service sector in Armenia for the period of January to October 2025 was recorded at 3,332,456.5 million drams (at current prices), reflecting a 10.8% increase compared to the same period in 2024, as reported by the Statistical Committee.

The domestic trade turnover in Armenia from January to October 2025 reached 5,323,923.2 million drams (at current prices), reflecting a 3.2% increase compared to the same period in 2024, as reported by the Statistical Committee.

The trade turnover between Armenia and Azerbaijan ought to cover all varieties of goods, according to Alen Simonyan, Speaker of the Armenian National Assembly.

Armenia appreciates the support from its American partners in enhancing its border customs control infrastructure and building the skills of customs officers, stated Eduard Hakobyan, the Chairman of the State Revenue Committee, during a meeting with Kern Chasney, Regional Advisor for the U.S. Department of State's Export Control and Border Security (EXBS) Program, and Zachary Barter, Director of the Office of International Narcotics and Law Enforcement Cooperation (INL) at the U.S. Embassy in Armenia.

The Eurasian Development Bank (EDB) forecasts that consumer price growth in Armenia will remain close to the Central Bank 's target of 3±1% this year.

Industrial output in Armenia in January-October 2025 amounted to 2,408,950.1 million drams (at current prices), a decrease of 3% compared to January-October 2024, according to the Statistical Committee.