ADB: Inflation to decrease in Azerbaijan

ADB: Inflation to decrease in Azerbaijan
# 04 April 2023 09:40 (UTC +04:00)

The Asian Development Bank (ADB) forecasts the average annual inflation in Azerbaijan at 7% in 2023, APA-Economics reports citing the bank.

According to the ADB, inflation in Azerbaijan will decrease to 6.5% in 2024.

"Nevertheless, raising the minimum wage and pensions in the country can stimulate inflation," the bank notes.

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