Ex-minister: Armenia's industrial output saw record decline in early 2025

Mesrop Arakelyan, Armenia's former labor minister and co-founder of the Country to Live party, reports a record decline in Armenia's industrial output for the first four months of 2025.

“Industrial production declined by 16.1% between January and April 2025,” Arakelyan wrote on Facebook on Monday.

“Such a sharp contraction was not recorded even during the crisis of 2009 and 2020," he stressed.