{"id":150310,"date":"2023-08-29T14:56:35","date_gmt":"2023-08-29T14:56:35","guid":{"rendered":"https:\/\/armbanks.am\/2023\/08\/29\/251059\/"},"modified":"2024-12-15T13:52:10","modified_gmt":"2024-12-15T13:52:10","slug":"wb-sharp-fall-in-armenias-inflation-due-to-lower-external-inflationary-pressures","status":"publish","type":"post","link":"https:\/\/armbanks.am\/en\/2023\/08\/29\/150310\/","title":{"rendered":"WB:\u00a0sharp fall in\u00a0Armenia&#8217;s\u00a0\u00a0inflation due to lower external inflationary pressures"},"content":{"rendered":"\n<p><strong>YEREVAN, August 29. \/ARKA\/.\u00a0<\/strong>Prices registered a slight deflation in June and July at 0.5 and 0.1 percent (yoy), respectively, bringing average inflation through July down to 3.6 percent,\u00a0according to World Bank&#8217;s\u00a0&#8216;Armenia\u00a0monthly economic update \u2013 august 2023.&#8217;<\/p>\n\n\n\n<p>&nbsp;It says the decline in the overall CPI was mainly due to deflation in food prices (3.9 percent), transport (1.7 percent), and communications (0.5 percent).<\/p>\n\n\n\n<p>The sharp fall in inflation was due to lower external inflationary pressures, tight monetary policy, and the continued strength of the AMD, as well as some base effects.<\/p>\n\n\n\n<p>In its&nbsp;August 1 board meeting, the Central Bank reduced the policy rate by 25 bps to 10.25 percent.<\/p>\n\n\n\n<p>According to the central bank&#8217;s June forecast, 12-month inflation will be slightly below the 4% target. -0-<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Prices registered a slight deflation in June and July at 0.5 and 0.1 percent (yoy), respectively, bringing average inflation through July down to 3.6 percent,\u00a0according to World Bank&#8217;s\u00a0&#8216;Armenia\u00a0monthly economic update \u2013 august 2023<\/p>\n","protected":false},"author":1,"featured_media":156984,"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-150310","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-economy-en","8":"category-news"},"acf":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts\/150310","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=150310"}],"version-history":[{"count":0,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts\/150310\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/media\/156984"}],"wp:attachment":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/media?parent=150310"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/categories?post=150310"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/tags?post=150310"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}