Armenia's industrial output in 11 months of 2023 up 2.1% to 2.4 trillion drams
YEREVAN, January 10. /ARKA/. Armenia's industrial output in the first 11 months of 2023 amounted to over 2.4 trillion drams in current prices, up 2.1% compared to the same months of 2022, according to the National Statistical Committee (NSC).
The industrial output in November alone amounted to 323.7 billion drams, down 23.8% from November 2022 and up 26.8% from October 2023.
The mining sector accounted for about 428.1 billion drams, 5.7% decrease compared to the same period in 2022. The processing industry’s output grew by 3.72% yoy to about 1.7 trillion drams.
Electricity, natural gas, steam and purified air supplies amounted to about 286.5 billion drams, 5.7% growth against the same time span in 2022, while water supply, sewerage, waste management and recycling grew by almost 6% to over 27.3 billion drams.
The processing industry accounted for 69.3% of the total output. The mining sector’s share was about 18%, that of electricity, natural gas, steam and purified air – 12% and that of water supply, sewerage, waste management and recycling – 1.1%. ($1 - 405.48 drams). -0-
