{"id":149222,"date":"2023-06-12T14:22:52","date_gmt":"2023-06-12T14:22:52","guid":{"rendered":"https:\/\/armbanks.am\/2023\/06\/12\/250941\/"},"modified":"2024-12-15T13:51:31","modified_gmt":"2024-12-15T13:51:31","slug":"edb-forecasts-inflation-in-armenia-at-2-5-by-the-end-of-the-year","status":"publish","type":"post","link":"https:\/\/armbanks.am\/en\/2023\/06\/12\/149222\/","title":{"rendered":"EDB forecasts inflation in Armenia at 2.5% by the end of the year"},"content":{"rendered":"\n<p><strong>YEREVAN, June 12. \/ARKA\/.<\/strong> Inflation is expected to be around 2.5% y\/y at the end of 2023,\u00a0 slightly below the central bank&#8217;s target 4+\/-1.5, according to the weekly macro review of the Eurasian Development Bank (EDB). Inflation in Armenia slowed to 1.3% y\/y in May after 3.2% y\/y a month earlier.<\/p>\n\n\n\n<p>&#8220;Such dynamics was due to a decrease in prices in the food segment (-2.1% y\/y in April after 1.2% a month earlier) and weakened growth in prices of non-food goods and services. A significant slowdown is mainly due to the high level of inflation in the same period last year,&#8217; said ADB analyst Yevgeny Vinokurov.<\/p>\n\n\n\n<p>The main factors that will restrain price growth are the strengthening of the Armenian dram and the decline in global commodity prices.&nbsp; By the end of 2024, price growth in Armenia is projected at 3.3%.<\/p>\n\n\n\n<p>Armenian government\u2019s growth projection for 2023 is 7%, while inflation is set at 4% (\u00b11.5%). -0-<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Inflation is expected to be around 2.5% y\/y at the end of 2023,\u00a0 slightly below the central bank&#8217;s target 4+\/-1.5, according to the weekly macro review of the Eurasian Development Bank (EDB)<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":"","tstyn_error":""},"categories":[12139,9216],"tags":[],"class_list":{"0":"post-149222","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-economy-en","7":"category-news"},"acf":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts\/149222","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=149222"}],"version-history":[{"count":0,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts\/149222\/revisions"}],"wp:attachment":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/media?parent=149222"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/categories?post=149222"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/tags?post=149222"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}