{"id":155373,"date":"2024-06-11T11:03:20","date_gmt":"2024-06-11T11:03:20","guid":{"rendered":"https:\/\/armbanks.am\/2024\/06\/11\/251527\/"},"modified":"2024-12-15T13:54:48","modified_gmt":"2024-12-15T13:54:48","slug":"armenias-central-bank-expects-inflation-to-be-within-2-2-2-5-per-cent-in-2024","status":"publish","type":"post","link":"https:\/\/armbanks.am\/en\/2024\/06\/11\/155373\/","title":{"rendered":"Armenia&#8217;s Central Bank expects inflation to be within 2.2-2.5 per cent in 2024"},"content":{"rendered":"\n<p><strong>YEREVAN, 11 June. \/ARKA\/<\/strong>. The Central Bank of Armenia expects inflation at the end of the year to be within 2.2-2.5 per cent, Chairman of the Central Bank\u00a0 Martin Galstyan said today.<\/p>\n\n\n\n<p>&#8220;The inflation now is in the so-called \u201cpositive territory\u201d, i.e. above zero. At the end of the year it will be higher and will approach 2.2-2.5 per cent depending on the developments in agriculture,\u2019 Galstyan told a press conference on Tuesday after the regulator lowered the refinancing rate by another 0.25 percentage point to 8 per cent. &nbsp;<\/p>\n\n\n\n<p>He said inflation would thus be close to the projected target range. &nbsp;<\/p>\n\n\n\n<p>&#8220;When the Central Bank forecasts that inflation will be higher, it plans to bring the rate to the target range in the medium term. Why do I emphasise the medium term? Because if we set the task to bring inflation to the target level of 4% in the current year, we can do it, but for the economy the price of this may be indescribably large,\u2019 the Central Bank chairman said.&nbsp;<\/p>\n\n\n\n<p>Based on this, Galstyan noted that the target inflation rate of 4% is expected in 2025. &nbsp;The government&#8217;s inflation forecast for 2024 is (\u00b11.5%). -0-<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Central Bank of Armenia expects inflation at the end of the year to be within 2.2-2.5 per cent, Chairman of the Central Bank\u00a0 Martin Galstyan said today.<\/p>\n","protected":false},"author":1,"featured_media":206355,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":"","tstyn_error":""},"categories":[9214,9216],"tags":[],"class_list":{"0":"post-155373","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-banks-en-en","8":"category-news"},"acf":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts\/155373","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=155373"}],"version-history":[{"count":0,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts\/155373\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/media\/206355"}],"wp:attachment":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/media?parent=155373"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/categories?post=155373"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/tags?post=155373"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}