{"id":158222,"date":"2024-11-12T13:55:08","date_gmt":"2024-11-12T13:55:08","guid":{"rendered":"https:\/\/armbanks.am\/2024\/11\/12\/255477\/"},"modified":"2025-01-02T12:17:26","modified_gmt":"2025-01-02T12:17:26","slug":"central-bank-to-lower-inflation-target-to-3-in-2025-galstyan","status":"publish","type":"post","link":"https:\/\/armbanks.am\/en\/2024\/11\/12\/158222\/","title":{"rendered":"Central Bank to lower inflation target to 3% in 2025 \u2013 Galstyan\ufffc"},"content":{"rendered":"\n<p><strong>YEREVAN, 12 November. \/ARKA\/.<\/strong> The Central Bank of Armenia will continue its consistent policy on demand regulation and fixing inflation and inflation expectations, said the head of the Central Bank Martin Galstyan.<\/p>\n\n\n\n<p>\u2018In this context, we propose to reduce the inflation target and set it at 3%. This will have an insignificant fiscal impact in the short term, while in the medium and long term, it<\/p>\n\n\n\n<p>Will contribute to reducing the volatility of the economic environment and inflation and&nbsp; ensure a favourable and predictable environment for economic and investment activities,\u2019 he said in parliament on Tuesday during the presentation of Armenia&#8217;s 2025 budget.<\/p>\n\n\n\n<p>Galstyan said earlier that the Central Bank of Armenia was considering lowering the inflation target from the current 4 per cent to 3 per cent, as it has \u2018built up sufficient muscle mass to do so.\u2019<\/p>\n\n\n\n<p>Armenia&#8217;s state budget for 2024 envisages inflation at the level of 4 per cent (\u00b11.5 per cent). According to the Central Bank, inflation is expected to be within 2.1-2 per cent in 2024, The forecast for 2025 is 4-3.2 per cent. -0-<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Central Bank of Armenia will continue its consistent policy on demand regulation and fixing inflation and inflation expectations, said the head of the Central Bank Martin Galstyan.<\/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":[9214,9216],"tags":[],"class_list":{"0":"post-158222","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-banks-en-en","7":"category-news"},"acf":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts\/158222","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=158222"}],"version-history":[{"count":0,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts\/158222\/revisions"}],"wp:attachment":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/media?parent=158222"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/categories?post=158222"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/tags?post=158222"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}