{"id":251045,"date":"2023-08-16T09:14:44","date_gmt":"2023-08-16T09:14:44","guid":{"rendered":"https:\/\/armbanks.am\/2023\/08\/16\/251045\/"},"modified":"2023-08-16T09:14:44","modified_gmt":"2023-08-16T09:14:44","slug":"annual-price-growth-in-armenia-will-stay-close-to-zero-in-q3-edb","status":"publish","type":"post","link":"https:\/\/armbanks.am\/en\/2023\/08\/16\/251045\/","title":{"rendered":"Annual price growth in Armenia will stay close to zero in Q3 &#8211; EDB"},"content":{"rendered":"\n<p><strong>YEREVAN, August 16. \/ARKA\/<\/strong>. During the third quarter of 2023, annual price growth in Armenia will be close to zero and will remain below the Central Bank&#8217;s target of\u00a04\u00b11.5% during the rest of the year, according to the latest Macroeconomic Review of the Eurasian Development Bank.<\/p>\n\n\n\n<p>&#8220;We forecast inflation of about 2.5% y\/y at the end of 2023,&#8221; the Review says.<\/p>\n\n\n\n<p>The bank&#8217;s analysts note that Armenia was the only country in the region where in June-July 2023 consumer prices decreased compared to last year \u2013 by 0.5% and 0.1% yoy, respectively.<\/p>\n\n\n\n<p>&#8220;Prices for imported fuel decreased (minus 7.2% y\/y). Price growth of other non-food goods and services is also slowing down. The key factors limiting price growth are strengthening of the Armenian dram and weakening of external price pressure,&#8221; the&nbsp;Review says.<\/p>\n\n\n\n<p>It is noted that tight monetary conditions also contributed to the drop of inflation. -0-<\/p>\n","protected":false},"excerpt":{"rendered":"<p>During the third quarter of 2023, annual price growth in Armenia will be close to zero and will remain below the Central Bank&#8217;s target of\u00a04\u00b11.5% during the rest of the year, according to the latest Macroeconomic Review of the Eurasian Development Bank<\/p>\n","protected":false},"author":1,"featured_media":204374,"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-251045","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\/251045","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=251045"}],"version-history":[{"count":0,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts\/251045\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/media\/204374"}],"wp:attachment":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/media?parent=251045"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/categories?post=251045"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/tags?post=251045"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}