{"id":137899,"date":"2022-02-01T18:55:19","date_gmt":"2022-02-01T18:55:19","guid":{"rendered":"https:\/\/armbanks.am\/2022\/02\/01\/250176\/"},"modified":"2024-12-15T13:46:35","modified_gmt":"2024-12-15T13:46:35","slug":"central-bank-chairman-forecasts-5-5-5-inflation-for-2022","status":"publish","type":"post","link":"https:\/\/armbanks.am\/en\/2022\/02\/01\/137899\/","title":{"rendered":"Central bank chairman forecasts 5.-5.5% inflation for 2022"},"content":{"rendered":"\n<p><strong>YEREVAN, February 1. \/ARKA\/.<\/strong> By the end of 2022 the inflation in Armenia will probably be around 5-5.5%, Chairman of the Central Bank Martin Galstyan said today at a press conference.<\/p>\n\n\n\n<p>Galstyan praised the Central Bank\u2019s performance in 2021 in the context of curbing inflation.<\/p>\n\n\n\n<p>&#8220;Our calculations show that if we had not taken measures during last year, our inflation at the end of 2021 would have been 15%. This suggests that food prices would have surged by 20%,&#8221; he stressed.<\/p>\n\n\n\n<p>In this regard, Galstyan said that the 7.7% inflation recorded last year was the result of prudent policy of the Central Bank, including through no aggressive increase in rates.<\/p>\n\n\n\n<p>&#8220;The Central Bank pursued a very prudent policy regarding the refinancing rates, and I think this has borne fruit. And since our mandate calls for a certain time lag in which we must return to our target, I think we will keep our word,&#8221; he added.<\/p>\n\n\n\n<p>According to official statistics, the 12-month inflation rate in the Armenian consumer market was 7.7% in 2021 compared to 2020. The state budget for 2022 forecast a GDP growth of 7%, and inflation at 4% (\u00b11.5%). -0-<\/p>\n","protected":false},"excerpt":{"rendered":"<p>By the end of 2022 the inflation in Armenia will probably be around 5-5.5%, Chairman of the Central Bank Martin Galstyan said today at a press conference<\/p>\n","protected":false},"author":1,"featured_media":197625,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":"","tstyn_error":""},"categories":[12139,9216],"tags":[15497,334],"class_list":{"0":"post-137899","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-economy-en","8":"category-news","9":"tag-15497","10":"tag-334"},"acf":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts\/137899","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=137899"}],"version-history":[{"count":0,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts\/137899\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/media\/197625"}],"wp:attachment":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/media?parent=137899"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/categories?post=137899"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/tags?post=137899"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}