Industry in Armenia
Armenia - IndustryRecent data indicates that the robust pace of growth in the first quarter likely cooled in the second quarter, but remained strong nonetheless. Economic activity accelerated in June and industrial production rebounded, after contracting in April and May. Healthy momentum should have carried over into Q3, supported by the region’s economic recovery, which should help boost export growth and lead to stronger remittance inflows; remittance inflows grew at a solid rate in the first quarter. In political news, the government has begun drafting the state budget for 2019, which is expected to focus on improving government finances.
Armenia - Industry Data
|Industrial Production (annual variation in %)||7.3||2.6||5.1||6.8||12.6|
5 years of economic forecasts for more than 30 economic indicators.
Source: National Statistical Service of Armenia
|Stock Market||0.0||0.0 %||Aug 14|
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