Industrial Production in Armenia increased 11 percent in October of 2018 over the previous month. Industrial Production Mom in Armenia averaged 1.01 percent from 1998 until 2018, reaching an all time high of 32.10 percent in December of 2001 and a record low of -33.80 percent in January of 2014.
Industrial Production Mom in Armenia is expected to be 0.80 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Industrial Production Mom in Armenia to stand at 1.10 in 12 months time. In the long-term, the Armenia Industrial Production MoM is projected to trend around 4.10 percent in 2020, according to our econometric models.