{"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><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>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>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>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>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>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":{"0":"post-151453","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\/151453","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=151453"}],"version-history":[{"count":0,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts\/151453\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/media\/158548"}],"wp:attachment":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/media?parent=151453"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/categories?post=151453"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/tags?post=151453"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}