ArmInfo. The volume of cargo transportation in Armenia in January-September 2021 accelerated the y-o-yl growth from 4.9% to 10.4%, amounting to 12,009.3 thousand  tons. Of these, 8,291.9 thousand tons (69% of the total) fell on road  transport, with an acceleration in annual growth from 5.2% to 17.5%  (against an increase of 5.2%). This is evidenced by the data of the  RA Statistical Committee.

ArmInfo. In January-September 2021, the revenue of the communications sector of  Armenia amounted to 108.7 billion drams, having increased by 4.9% per  annum (against 3.9% decline a year earlier).

ArmInfo. The revenue of the textile industry in Armenia increased in January-September 2021 compared to the same period in 2020 2.3-fold (against a 39.5% decline  a year earlier), amounting to 1.3 billion drams. As evidenced by the  data of the Statistical Committee of the Republic of Armenia, such  dynamics is due to a tangible increase in the production of fabrics  and bed linen.

ArmInfo. In Armenia, following the results of 9 months of 2021, double-digit growth was registered in all alcoholic beverages produced in the country.  In  particular, according to the data of the Statistical Committee of the  Republic of Armenia, during the reporting period, 30.3 million liters  brandy were produced in Armenia, which is 20.9% higher than a year  ago (against a 12% decline a year earlier).

ArmInfo. The 2021 budget of Armenia's Ministry of Health has by now been exceeded by AMD 27bln, RA Minister of Finance Tigran Khachatryan stated at a discussion of  the 2022 draft budget by the standing parliamentary committee on  Monday. 

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ArmInfo.The net inflow of individual transfers to Armenia in January- September 2021 amounted to $ 670.2 million, with an acceleration in y-o-y growth from 28.5% to 56%  (against a pre-COVID 25.6% decline in the same period of 2019),  supported by an almost similar significant increase in net inflow of  remittances from Russia and the United States. This is evidenced by  the data of the RA Central Bank.

ArmInfo. For 9 months of 2021, the industrial sector of Armenia slowed down the y-o-y growth rate from 1% to 0.7%, amounting to 1.6 trillion drams ($ 3.1  billion).

ArmInfo. In Armenia, the specific debt burden per capita continues to grow, reaching $ 3.1 thousand on October 1, 2021, against $ 2.7 thousand a year earlier. Moreover, per  capita debt burden from external debt increased from $ 2 thousand to  $ 2.3 thousand. This is due to the continuing annual growth of both  the public debt in general and external debt, in particular, with the  annual decrease in the population of Armenia by 1.1 thousand people.  - down to 2.967 million people by October 1, 2021.

ArmInfo.The Armenian banking system's credit investments totaled AMD 3,900bln as of October 1, 2021, an annual increase of AMD 279bln or 6.7%. The third  three-month period alone saw an increase of AMD 26bln or 0.7%, Arman  Sargsyan, Deputy Managing Director of the Union of Banks of Armenia  (UBA), told a news conference on Friday as he presented the results  of the Armenian banking system's activities for Jan-Sept 2021.  

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ArmInfo.The production of aluminum foil in Armenia, in January-September 2021 in comparison with the same period in 2020, decreased by 3.9% (against 13.8% growth  a year earlier), with a volume of 25,420 thousand tons. According to  the data of the Statistical Committee of the Republic of Armenia,  2,831 tons of aluminum foil were produced in September alone, with a  decline of 2.4% over the month.

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ArmInfo. About AMD 23.638bln of the AMD 41.009bln budgeted for 2022 (a 26.9% increase as compared with the 2021 adjusted budget) will be used to cover  agricultural expenses, RA Minister of Economy Vahan Kerobyan stated  at preliminary hearing of the 2022 draft budget by the standing  parliamentary committees. The discussions may result in an increase  in the total amount, he said.  

ArmInfo. The minimum monthly salary is expected to be raised by $35 (current exchange rate) by 2026 - from AMD 68,000 up to 85,000. Armenia's Minister of Labor and Affairs Narek Mkrtchyan sated at the Nov. 5 discussion of the 2022  draft state budget by the standing parliamentary committees, in reply  to oppositional MP Tadevos Avetisyan. 

ArmInfo. Armenia's economic activity in January-September 2021 showed an increase of 4.4% (against a decline of 6.6% a year earlier), while in the pre-COVID  period an increase by 7.1% was recorded (in the same period of 2019).  This is evidenced by the final data of the Statistical Committee of  the Republic of Armenia, according to which the stagnation rates of  industrial production are protracted.

ArmInfo. In the consumer market of Armenia in January-October 2021, 4.2%, inflation was recorded, against deflationary 1% in the same period of 2020. This was provoked  by an increase in the price of food products (including alcohol and  cigarettes) by 5.7% (against a decrease in prices by 3.4% a year  earlier), non-food products - by 6.6% (against a rise in prices by  0.4% a year earlier), and increase in tariffs for services by 1.2%  (as in the previous year). This is evidenced by the data of the RA  Statistical Committee.

ArmInfo.Armenia should exert efforts to struggle for investors now, the well-known economist and banker, member of the Boards of a number of foreign banks Ashot  Osipyan said an in interview with ArmInfo.