The Central Bank of the Republic of Azerbaijan announced that inflation in Azerbaijan will remain within the target range in 2024-2025, APA-Economics reports citing CBA.
Noted that since the previous meeting regarding the discount rate, there have been no significant changes in the risk balance of inflation.
Overall, the current monetary conditions are aimed at keeping inflation within the target range and stabilizing inflation expectations. If the current conditions remain unchanged, the forecast of annual inflation at the end of 2024 and in 2025 will be within the target (4±2%) remains stable.