ARMENIAN CONSUMER MARKET GROWS BY 16.6% IN JANUARY-NOVEMBER
2006 ON SAME PERIOD OF PREVIOUS YEAR
09-01-2007 15:42:00 | Armenia | Economy
YEREVAN, JANUARY 9, NOYAN TAPAN. In January-November 2006,
the volume of the Armenian consumer market made 1 trillion 344
billion 61.3 million drams (about 3 bln 195 mln USD), exceeding
by 16.6% the index of the same months of the previous year (at
comparable prices).
According to the RA National Statistical Service, trade
turnover made 915 bln 734 mln drams: this index grew by 14.4% on
the first eleven months of 2005. Trade made up 68.1% of the
consumer market in January-November 2006 against 69.7% in the
same period of the previous year.
Car trade, including sale, technical servicing and repairs
of cars and their spare parts at specialized trade points, made
63 bln 732.6 mln drams, or by 37.3% more than in the first
eleven months of 2005. Car trade made up 3.9% of the consumer
market in January-November 2005 and 4.7% in the same months of
2006.
Retail trade amounted to 682 bln 755.1 mln drams in
January-November 2006, exceeding by 10.4% the index of the same
months of the previous year. Retail trade made up 53.9% of the
consumer market in January-November 2005 and 50.8% in the same
months of 2006.
Services amounted to 428 bln 327.3 mln drams in the eleven
months of 2006, growing by 21.7% on January-November of the
previous year, their share made 30.3% of the country's consumer
market in the first eleven months of 2005 against 31.9% in
January-November 2006.