Average annual inflation to be 2.8% in Azerbaijan in 2021-2024 - FORECAST

Average annual inflation to be 2.8% in Azerbaijan in 2021-2024 - FORECAST
# 04 September 2020 11:13 (UTC +04:00)

Index of consumer prices is forecasted to increase by 2.8% on average in Azerbaijan during the following 4 years (2021-2024), APA-Economics reports citing statement of the Ministry of Finance on initial indicators of state and consolidated budgets of Azerbaijan for 2021.

According to the forecasts, inflation will be 3% in 2021, 2.8% in 2022, 2.8% in 2023, while 2.7% in 2024 in the country.

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THE OPERATION IS BEING PERFORMED