{"id":107037,"date":"2017-04-14T09:57:57","date_gmt":"2017-04-14T09:57:57","guid":{"rendered":"https:\/\/armbanks.am\/2017\/04\/14\/246164\/"},"modified":"2024-12-15T13:28:51","modified_gmt":"2024-12-15T13:28:51","slug":"armenia-in-need-of-moderate-inflation-around-4","status":"publish","type":"post","link":"https:\/\/armbanks.am\/en\/2017\/04\/14\/107037\/","title":{"rendered":"Armenia in need of moderate inflation around 4%"},"content":{"rendered":"<p><strong>YEREVAN, April 14. \/ARKA\/.<\/strong> Armenia needs a moderate inflation rate, around the 4% projected in the 2017 government budget, Vardan Aramyan, finance minister, told journalists on Thursday.<\/p>\n<p>In his words, the current deflation and deflation environment is not normal for Armenia\u2019s economy \u2013 it is hobbling its development.<\/p>\n<p>\u201cIt is necessary to make every effort to bring inflation back to the frames of the projected 4%, which is considered a normal indicator, which contributes to economic growth, while deflation hobbles it,\u201d he said.<\/p>\n<p>Aramyan said that deflation reduces investors\u2019 potential income, and as a result, investors\u2019 willingness to put their money in businesses fades. Therefore, Armenia should come back to the 4% (\u00b11.5%) projected frames.<\/p>\n<p>According to official statistical reports, Armenia ended 2016 with 1.4% deflation. Consumer prices in the country slid 0.3% in Jan-March 2017, compared with the same period a year earlier.<\/p>\n<p>In the government budget for 2017, inflation is projected at 4% (\u00b11.5%). &#8211;0&#8212;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Armenia needs a moderate inflation rate, around the 4% projected in the 2017 government budget, Vardan Aramyan, finance minister, told journalists on Thursday<\/p>\n","protected":false},"author":1,"featured_media":181127,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":"","tstyn_error":""},"categories":[12139,9216],"tags":[15837,12225,461],"class_list":{"0":"post-107037","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-economy-en","8":"category-news","9":"tag-armenia-2","10":"tag-inflation","11":"tag-461"},"acf":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts\/107037","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/comments?post=107037"}],"version-history":[{"count":0,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts\/107037\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/media\/181127"}],"wp:attachment":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/media?parent=107037"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/categories?post=107037"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/tags?post=107037"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}