Economy

Armenia is the leader of the Eurasian Economic Union in terms of industrial production growth rates

16.12.2024

Armenia is the leader of the Eurasian Economic Union in terms of industrial production growth rates

In January-October 2024, the volume of industrial output of the Eurasian Economic Union was 104.4 percent of the level of January-October 2023. It was reported by the press service of the Eurasian Economic Union. During the reporting period, the production volume of the processing industry in the EAEU increased by 7.9%, electricity supply, gas, steam and air conditioning - by 3.4%, water supply, sewage system, control of waste collection and distribution - by 0.4%; In the mining industry, the volume of production and quarrying decreased by 0.6%. In January-October 2024, an increase in industrial production was observed in all member countries. In Armenia - by 11.7%, in Belarus - by 6.2%, in Kyrgyzstan - by 5.3%, in Russia - by 4.4%, in Kazakhstan - by 2.6%.