Industry in Armenia

Armenia Industry | Economic News & Forecasts

Armenia - Industry

Available data points to mixed dynamics in Q4 2018 on the heels of a disappointing performance in Q3. On a positive note, private lending continued to accelerate on average in Q4. This was thanks to broadly stable inflation and an accommodative monetary policy environment which boded well for household consumption growth. Moreover, economic activity growth gained some traction in November; however, it remained relatively subdued, against the backdrop of snap parliamentary elections. In addition, contractionary fiscal policy seemingly took a bite out of growth in Q4, while exports contracted markedly in November.

Armenia - Industry Data

2013  2014  2015  2016  2017  
Industrial Production (annual variation in %)7.3  2.6  5.1  6.8  12.6  

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Note: Industrial production, annual variation in %.
Source: National Statistical Service of Armenia

Armenia Facts

ValueChangeDate
Stock Market0.60.0 %Feb 19

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