IMF forecasts inflation to be 3.3% in Azerbaijan next year

IMF forecasts inflation to be 3.3% in Azerbaijan next year
# 20 September 2019 18:21 (UTC +04:00)

Level of inflation is forecasted to be 3.3% in Azerbaijan next year, APA reports citing newly-published report of International Monetary Fund (IMF).

According to the report, prices of the consumer products and services, produced in the country, will increase by 3.2% in 2019, and 3.3% in 2020.

Note that according to the mid-term forecasts of Azerbaijan government, level of inflation will be 3.7% in 2019, 4.6% in 2020, 4.5% in 2021, 4.1% in 2022, and 3.9% in 2023 in Azerbaijan.

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