Armenia Business Climate Indicator falls

29/07/2015 18:00

Armenia Business Climate Indicator falls

The Business Climate Indicator (BCI) of Armenia has totaled 50.7, in the second quarter of 2015; this index is 0.1- and 5.3-points lower than the respective levels in the previous quarter and the same quarter in 2014, correspondingly.

The aforementioned 2015 second quarter BCI level is primarily due to a drop in the country’s trade balance, and an increase in the balances of industry, construction and services, informed the Central Bank of Armenia press service.

As a result, the BCI continues to be in the stability range in this quarter, too.

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