Loading page content
Data from FMP. Forecasts by Sigmanomics Forecast Engine.
ArmeniaArmenia Producer Price Index YoY fell to 7.9% in April 2026
FMPMonthlyReleased May 2026
Armenia Producer Price Index YoY fell to 7.9% in April 2026, released May 2026, down 1.6% from March's 9.5% reading. The reading missed the 12.0% consensus by 4.1%. The print is running well above the 12-month average of 5.62%. Over the past 3 months, Producer Price Index YoY averaged 9.2%, vs 6.35% in the prior 3-month window. The reading is in the 78th percentile of the trailing 24-month range.
Latest Release
7.9
Actual
12
Consensus
9.5
Previous
Median Absolute Error
±0.83 percentage points
across last 12 releases
Last Call
May 2026
Predicted: 12.53
Actual: 7.9
Error: +4.63
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
CORRELATED SYMBOLS— markets that historically move with this indicator
| Symbol | Direction | Correlation | Asset Class | Signal Bias | Action |
|---|---|---|---|---|---|
| USD/JPY | ▲ Direct | +0.45 | FOREX | Bullish USD | → View |
| S&P 500 | ▼ Inverse | −0.41 | INDEX | Bearish S&P 500 | → View |
| EUR/USD | ▼ Inverse | −0.29 | FOREX | Bearish EUR | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
THE RELEASE
Producer Price Index YoY (Armenia) was reported at 7.9% in May 2026. This missed the market consensus of 12% by 4.1%. The reading fell from the previous value of 9.5%. Trailing 12-month context per ETL data through May 2026. Over the past 12 months, the indicator has averaged 5.81%, ranging from 2.2% to 9.5% across 11 releases.
WHY IT MATTERS
The trailing three releases averaged 8.67%, up from the prior three at 5.97%.
THE MODEL'S TAKE
Historically, this indicator is positively correlated with USD/JPY (Bullish USD). A secondary relationship exists with S&P 500, negatively correlated (Bearish S&P 500). Over the last 12 releases, the Sigmacast model's median absolute error is 0.83%.
WHAT TO WATCH NEXT
The next release is scheduled for June 25, 2026.
Auto-generated from current model state · Refreshes on each release · Last update May 2026.
SHARE
Producer Price Index YoY - AM
Loading chart data...
About Producer Price Index YoY — Armenia
DEFINITION
Armenia's Producer Price Index YoY for May came in at 7.900000%, missing the 12.000000% estimate and down from April's 9.500000%. The slowdown from April to May indicates easing inflationary pressures in producer prices. Market participants will watch upcoming inflation data and central bank communications for further guidance. Updated 5/25/26
WHY THIS INDICATOR MATTERS
This release contributes to the broader macro picture used by cross-asset investors for positioning and risk management. The release is more useful as part of a longer-run signal than as a single-print catalyst. Released monthly.
WHAT CHANGED THIS MONTH
Latest reading (Apr 2026): actual 7.9 %, consensus 12 %. Prior reading (Mar 2026): 9.5 %. Before that (Feb 2026): 9.5 %.
WHAT'S NEXT
Sigmacast's 1-month forecast points to a similar reading versus the latest print, with the 3-month outlook reinforcing that direction. Both horizons are aligned bearish for this indicator, suggesting a consistent trend signal. Trend-driven dynamics are the primary headwind in the current projection. This indicator correlates most strongly with USD/JPY (Bullish USD, r=0.45) — a useful reference for forex-focused traders.