{"id":151453,"date":"2023-11-01T13:28:34","date_gmt":"2023-11-01T13:28:34","guid":{"rendered":"https:\/\/armbanks.am\/2023\/11\/01\/251167\/"},"modified":"2024-12-15T13:52:47","modified_gmt":"2024-12-15T13:52:47","slug":"deflation-was-main-factor-for-slowdown-in-average-inflation-in-armenia-in-august-2023-wb","status":"publish","type":"post","link":"https:\/\/armbanks.am\/en\/2023\/11\/01\/151453\/","title":{"rendered":"Deflation was\u00a0main factor for slowdown in average inflation\u00a0in Armenia in August 2023- WB"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\"><strong>YEREVAN, November 1. \/ARKA\/.\u00a0<\/strong>\u00a0The main factor for the slowdown in average inflation was deflation in food prices, which continued in September (yoy), although the pace has been moderating recently,\u00a0the World Bank said in &#8216;Armenia Monthly Economic Update \u2013 October 2023.&#8217;\u00a0\u00a0<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">It said price deflation, at 0.2 percent in August, turned to a 0.1 percent inflation in September (yoy).<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">As a result, average inflation further decreased to 2.8 percent, significantly below the target of 4 percent&nbsp;&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Only transport prices showed increased inflation in September, to 1.3 percent (yoy). The policy rate stayed at 9.75 percent<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Armenian government&#8217;s inflation projection for 2023 is 4% (\u00b11.5%).&nbsp;&nbsp;The Central Bank&#8217;s latest forecast is around 0%.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">On October 31, the Central Bank&nbsp;&nbsp;lowered the refinancing rate by 0.25 percentage points, setting it at 9.5%. -0-<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The main factor for the slowdown in average inflation was deflation in food prices, which continued in September (yoy), although the pace has been moderating recently,\u00a0the World Bank said in &#8216;Armenia Monthly Economic Update \u2013 October 2023.&#8217;<\/p>\n","protected":false},"author":1,"featured_media":158548,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":"","tstyn_error":""},"categories":[12139,9216],"tags":[],"class_list":["post-151453","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy-en","category-news"],"acf":[],"aioseo_notices":[],"aioseo_head":"\n\t\t<!-- All in One SEO 4.9.9 - 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