FX.co ★ Armenia Construction Output Hits 6-Month Low

Armenia's construction output increased by 20.1% in October 2025 compared to the same month in the previous year, which represents a slight deceleration from the 22% growth seen in September. This growth is also the most modest since April. On a month-to-month basis, construction activity saw a 1.3% rise, following a 6.7% surge in September. When looking at the overall period from January to October, the cumulative construction output recorded a 20.6% increase compared to the corresponding timeframe the previous year.