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.