The stocks of goods held by firms in Armenia increased by 53563.40 AMD Million in the first quarter of 2019. Changes In Inventories in Armenia averaged 25332.17 AMD Million from 2013 until 2019, reaching an all time high of 112000 AMD Million in the first quarter of 2018 and a record low of -16889.40 AMD Million in the fourth quarter of 2014.
Changes In Inventories in Armenia is expected to be 110000.00 AMD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Changes In Inventories in Armenia to stand at 114000.00 in 12 months time. In the long-term, the Armenia Changes In Inventories is projected to trend around 115000.00 AMD Million in 2020, according to our econometric models.