Economist Suren Persian has analyzed the latest indicators published by the RA Statistical Committee in January 2025 by 7.1%, the growth was mainly provided by construction (11.6%) and trade (9.6%).
Reduction of Russian gold reproduction has had a negative impact on industry (-10.4%) and external trade (-40%). There will be a significant reduction in foreign trade in the coming months, which will have a negative impact on the exchange rate in other equal conditions.
It is also noteworthy that economic activity decreased by 45.3% in January 2025 compared to December (such a concern was not registered in the last decade). All sectors of the economy, including industry, were registered - --41.3%, and construction - 51.8%, services - 19.7%.
The decline in construction and financial services is mainly due to the suspension of the income tax return program, which will further deepen the next few months.
The economic indicators of 2025 will be impossible to achieve without new growth factors, the situation will not save the situation of the Amulsar mine without the operation of sufficient justification.
The average nominal salary in January decreased by 21.3% compared to December. The salaries of both private and public sectors have decreased, which may be due to the abundant bonuses and surcharges.
Basically, inflation for imports to the dram is based on a low level - 1.7%, which has a negative impact on local production "
