{"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><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>&#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>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>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":{"0":"post-251345","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\/251345","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=251345"}],"version-history":[{"count":0,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts\/251345\/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=251345"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/categories?post=251345"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/tags?post=251345"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}