S&P: Azerbaijan’s inflation to fall to 2.7% this year

S&P: Azerbaijan’s inflation to fall to 2.7% this year
  • Clock-gray 12:17
  • calendar-gray 23 January 2021

S&P Global Ratings forecasts Azerbaijan’s inflation will drop to 2.7% this year from 2.8% in 2020, APA-Economics reports citing S&P Global Ratings.

 

According to the agency Azerbaijani inflation will rise to 2.9% in 2022 and then decrease to 2.6% in 2023. Based on the long-term assumptions, S&P predicts that the country’s inflation rate will reach 2.7% in 2024.

 
 

Mirsaid İbrahimzade

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