{"id":251345,"date":"2024-02-12T07:27:11","date_gmt":"2024-02-12T07:27:11","guid":{"rendered":"https:\/\/armbanks.am\/2024\/02\/12\/251345\/"},"modified":"2024-02-12T07:27:11","modified_gmt":"2024-02-12T07:27:11","slug":"inflation-in-armenia-may-approach-projected-target-interval-in-late-h1-edb","status":"publish","type":"post","link":"https:\/\/armbanks.am\/en\/2024\/02\/12\/251345\/","title":{"rendered":"Inflation in Armenia may approach\u00a0projected\u00a0target interval\u00a0in late H1 &#8211; EDB"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\"><strong>YEREVAN, February 12. \/ARKA\/.<\/strong> Inflation in Armenia\u00a0is likely to\u00a0approach the Central Bank&#8217;s\u00a0projected\u00a0\u00a0target interval by the end of the first half of the year, the Eurasian Development\u00a0Bank\u00a0\u00a0(EDB0 said in its weekly macroeconomic review.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">&#8220;In Armenia, prices fell by 0.9% y\/y in January 2024, following a 0.6% y\/y decline a month earlier. This was primarily driven by the dynamics of food prices (-5.8% y\/y in January after -4.8% y\/y in December), amid a decline in the cost of imported products. We expect inflation to accelerate by the end of the first quarter,&#8221;&nbsp;the review says.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Armenian government&#8217;s inflation forecast for this year is 4% (\u00b11.5%). In 2023 the consumer price index was down 0.6% yoy, while in January 2024, the 12-month deflation amounted to 0.9%.&nbsp;&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The IMF expects inflation in Armenia to return to the Central Bank&#8217;s 4% target by mid-2024 and stabilize around it. -0-<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Inflation in Armenia\u00a0is likely to\u00a0approach the Central Bank&#8217;s\u00a0projected\u00a0\u00a0target interval by the end of the first half of the year, the Eurasian Development\u00a0Bank\u00a0\u00a0(EDB0 said in its weekly macroeconomic review<\/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":[12139,9216],"tags":[],"class_list":["post-251345","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 4.9.8 - 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