Seventeen percent of Armenian companies record 90-100% consumption decline

Seventeen percent of companies in Armenia have recorded 90-100% decline in consumption. Another 17% did not suffer decline in sale, says the data presented by the Union of Armenian Manufacturers and Employers.

It conducted a poll among its members to understand the situation.

Some 50-80% of reduction has been recorded among 32% companies, another 25% suffered 10-30% of consumption decline.

Nine percent mentioned as an obstacle the impossibility of export of products.