Armenia Retail Sales Lowest Since 2022

Retail sales in Armenia rose by 11.5% year-on-year in November 2024, marking the lowest reading since April 2022 and easing from a 13.7% growth in the previous month.

On a monthly basis, retail activity increased by 5.4%, accelerating from a 2.1% gain in October.

Considering the January to November period, retail sales were 18% higher compared to the same period a year ago.