World Bank: Azerbaijani inflation to remain within CBA target range

World Bank: Azerbaijani inflation to remain within CBA target range
  • Clock-gray 16:19
  • calendar-gray 17 February 2021

A tariff increase for fuels (gasoline by 11% diesel by 33%) and a two-fold rise for water tariffs are expected to translate to higher prices going forward but inflation is likely to remain within the Central Bank of Azerbaijan (CBA) target range, APA-Economics reports citing World Bank.

Note that annual CPI inflation increased slightly to 2.7% in December but remained within the CBA target range.
 
 

Mirsaid İbrahimzade

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