Pithy data commentary
This is a summary of key data releases and news in the CCA:
*Armenia: Core inflation in July drops to lowest since early 2020.
*Armenia: Bond market reacts nimbly to rate cuts.
*Armenia: Remittances in June entrench trend of normalization to pre-2022 levels.
*Azerbaijan: Central Bank relaxes currency regulations.
*Azerbaijan: Jul inflation finally falls to single digits.
*Azerbaijan: Ministry of Finance adjusts macroeconomic framework.
*Georgia: S&P affirms Georgia at "BB" (Foreign Currency LT credit rating) with stable outlook.
*Georgia: Remittances remain strong in July.
*Georgia: NBG continues to accumulate FX reserves in July.
*Uzbekistan: Inflation inches down to 8.9 percent YoY in July.
*Uzbekistan: Foreign debt declines to 36.4 percent of GDP in 2022.
*Tajikistan: Central Bank keeps policy rate unchanged at 10.0 percent.
*Tajikistan: GDP grows by 8.3 percent during 1H23.
*Tajikistan: Trade balance over 1H23 points to further trouble with CA position.
*Tajikistan: Inflation inches down to 2.3 percent YoY in July.
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