Food prices in Armenia are partially decreasing. Governor of the Central Bank of Armenia (CBA), Martin Galstyan, told this to a press conference Tuesday.
He assured that the prices of food products in the world market have partially decreased compared to last year; that is, imported products are becoming cheaper.
Galstyan noted that the monetary policy will continue to tighten, and, according to him, this will have its effect.
As other positive factors, he mentioned the expected easing of the problem of container transportation from China, as well as the increase in the exchange rate of the Armenian national currency, the dram.
Galstyan expressed a conviction that the inflationary pressure coming from the commodity market is being restrained, and this year it will be milder.
"It is partly determined by the exchange rate, partly by the situation of the world market," added the head of the CBA.