World Bank announced inflation forecast for Azerbaijan

World Bank announced inflation forecast for Azerbaijan
# 04 October 2022 18:27 (UTC +04:00)

World Bank updated inflation forecast of Azerbaijan, APA-Economics reports citing World Bank’s report on “Social Pretection for restoration: Economy of the Europe and Central Asia”.

According to the report, inflation in Azerbaijan will be 12,5% (3,5 percentage point up compared with the April forecast), while it will be 9,5% in 2023.( 2,9 percentage point up).

World Bank increased the inflation forecast in Azerbaijan by 2 percentage points to 8% in 2024.

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THE OPERATION IS BEING PERFORMED