{"id":36213,"date":"2012-04-20T10:34:48","date_gmt":"2012-04-20T10:34:48","guid":{"rendered":"https:\/\/armbanks.am\/2012\/04\/20\/235356\/"},"modified":"2024-12-15T12:56:49","modified_gmt":"2024-12-15T12:56:49","slug":"armenias-central-bank-anticipates-12-month-inflation-at-projected-4-%c2%b115","status":"publish","type":"post","link":"https:\/\/armbanks.am\/en\/2012\/04\/20\/36213\/","title":{"rendered":"Armenia\u2019s Central Bank anticipates 12-month inflation at projected 4% (\u00b11,5%)"},"content":{"rendered":"<p><strong>YEREVAN, April 20. \/ARKA\/<\/strong>. The Central Bank of Armenia finds it rational to confirm  12-month inflation rate  at 4% (\u00b11,5%) acceptable range, according to CBA Board session\u2019s results reported by the bank\u2019s press service to ARKA.<\/p>\n<p>According to the press release, economic processes in Armenia are not inflationary and influence inflation environment in accordance with the  country\u2019s monetary-credit policy basic scenario. Outer processes, according to CB, are also anticipated by the basic scenario.<\/p>\n<p>The source also says inflation rate in March was 0.1% from February. As a result 12-month inflation dropped by 0.8 p.p. to 2.2%  at projected 4 \u00b11,5% range within the reported period.<\/p>\n<p>The Board clarified that optimistic expectation raised by positive tendencies on economic activity in the leading countries resulted in formation of weak inflation environment at international raw materials and food markets.<\/p>\n<p>Moreover, prices for oil products rose due to stagnation in geopolitical issues in Middle East, what was taken into account by the Central Bank while compiling its monetary-credit policy.<\/p>\n<p>CB also reported on financial market development tendencies. Thus, average interest rate on government bonds with up to one \u2013year maturity period shrank by 0,13 p. p. to 8.77%, interest rates on repo transactions fell by 1.07 p.p. to 9.81%, and interest rates on interbanking repo transactions lost 1.27 p.p. reaching 9.46%.<\/p>\n<p>On April 10, CBA Board decided to leave the refinancing rate unchanged at 8%, lombard repo rate- at 11%, and rate on commercial banks\u2019 deposits with the Central Bank at 5%.<\/p>\n<p>Last time CBA downgraded its refinancing rate by 0.5 p.p. to 8% on September 6.\u20140\u2014<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Central Bank of Armenia finds it rational to confirm 12-month inflation rate at 4% (\u00b11,5%) acceptable range, according to CBA Board session\u2019s results reported by the bank\u2019s press service to ARKA<\/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":[15837,12361,12225,12248,655],"class_list":{"0":"post-36213","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-banks-en-en","7":"category-news","8":"tag-armenia-2","9":"tag-cba","10":"tag-inflation","11":"tag-project","12":"tag-655"},"acf":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts\/36213","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=36213"}],"version-history":[{"count":0,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts\/36213\/revisions"}],"wp:attachment":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/media?parent=36213"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/categories?post=36213"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/tags?post=36213"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}