BRANDY PRODUCTION IN ARMENIA OVER JAN-SEP, 2009, REDUCED BY 40,4%

ArmInfo
2009-11-02 12:02:00

ArmInfo. Brandy production in Armenia over Jan-Sep, 2009, reduced by
40,4% to 6801 thsd liters, as compared to the similar period of 2008,
National Statistical Service of Armenia reports.

To note, the rates of brandy production decline started to slow down,
heaving reached the peak 50,4% over the first half year, 2009. The main
reason of drop in production has been caused by the global financial
crisis which led to reduction of consumption of the Armenian brandy in
the traditional Russian and Ukrainian markets. According to the source
data, production of liqueur and vodka over 9 months of 2009 reduced
by 1,4% to 8299,4 thsd liters. At the same time, wine production grew
by 12,7% to 2330,7 thsd liters. Production of champagne wines reduced
by 9,4 % to 144,8 thsd liters. Beer production over the reporting
period did not change and made up 26413,8 thsd liters.