World Bank reveals its inflation forecast on Azerbaijan

World Bank reveals its inflation forecast on Azerbaijan
  • Clock-gray 10:15
  • calendar-gray 31 March 2021

The World Bank forecasts the growth of consumer prices index (inflation) in Azerbaijan to be 3.9% this year, APA-Economics reports citing World Bank's newly-published report on the region.

"Inflation is projected to rise in the medium the term as a recent administrative price hike passes through to prices more generally, and demand begins to recover," noted in the report.  

Mirsaid İbrahimzade

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