According to the updated forecast of the International Monetary Fund (IMF) level of annual inflation in Azerbaijan will increase by 3,5%, APA-Economics reports citing April issue of the World Economic Outlook report.
Inflation slowing in 2022 will make up 3,2%.
Note that the World Bank forecasts inflation in Azerbaijan will be at the level of 3,9%. It is expected that inflation will made up 3,2% in 2022 and 3% in 2023 in Azerbaijan.