The Central Bank of Azerbaijan (CBA) forecasts that annual inflation will be within the target in 2025 and 2026, APA-Economics reports, citing the CBA.
According to the July forecasts under the base scenario, annual inflation is expected to be 5.7% in 2025 and 5.3% in 2026.
“The fact that the inflation forecast remains within the target this year and the stability in the foreign exchange market creates the basis for easing monetary policy,” the report noted.