World Bank: Inflation to make up 2.8% in Azerbaijan this year - FORECAST

World Bank: Inflation to make up 2.8% in Azerbaijan this year - FORECAST
# 09 October 2019 12:35 (UTC +04:00)

Prices for consumer goods and services in Azerbaijan will increase by 2.8% this year, APA-Economics reports citing new statement published by the World Bank.

According to the forecasts of the Bank, inflation will be 3.2% in 2020, 3.3% in 2021 in Azerbaijan.

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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