The Central Bank of Azerbaijan (CBA) has reduced the inflation forecast as of the end of this year, the CBA told "APA-Economics".
Taking into consideration the latest trends, the Central Bank has made reductive corrections in the inflation forecast as of the end of this year. The updated forecasts show that the inflation rate will range between 2.8-3% by the end of 2019. In the case of the continuation of the existing macroeconomic trends, no significant changes are expected in inflation dynamics during 2020 as well.