Inflation in Azerbaijan to slow down by up to 1.8% this year - FORECAST

Inflation in Azerbaijan to slow down by up to 1.8% this year - FORECAST
# 25 July 2020 11:38 (UTC +04:00)

The S&P Global Ratings international rating agency predicts that the consumption prices’ index in Azerbaijan will increase by 1.8% compared to 2019, APA-Economics reports citing the agency.

It is expected that the inflation will make up 3.7% in 2021, 2.9% in 2022, and 2.5% in 2023.

Note that the inflation in Azerbaijan equaled to 2.6% in 2019.

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THE OPERATION IS BEING PERFORMED