Industrial production in Armenia dropped by 19.4%

The volume of industrial production in Armenia for January-February 2025 totaled 380.5 billion drams, reflecting a 19.4% decrease compared to the same period in 2024, Armenian Business Portal reports.

The most significant declines were observed in the manufacturing industry (-26.2%) and the mining industry (-19.2%).

Conversely, there were increases in electricity and gas supply (+10.7%) and water supply (+0.3%).