Armenia’s retail trade in January rises 1.4% from a year earlier

Armenia’s retail trade in January rises 1.4% from a year earlier

Armenia’s retail trade in 2011 January rose by 1.4% from a year earlier, according to the latest numbers, revealed by the CIS Statistical Committee, which said that the average growth among several former Soviet republics was 2.6%.

According to its figures, in terms of retail growth Armenia came in seventh among CIS countries. 

The highest retail growth of 20.6% was reported by Belarus. Ukraine came in second with 11.7% growth. It was followed by Kazakhstan – 11.1%, Azerbaijan- 8.3%, Tajikistan – 5.8%, Moldova – 4.4%, Russia- – 0.5%. Kyrgyzstan posted a 7.2% decline. No data were available on Turkmenistan and Uzbekistan.

(Via Arka Armenian News Agency)

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