Bank Of Baku

CBA: This year inflation to fall to 6-7% in Azerbaijan

Taleh Kazimov, Chairman of CBA

© APA | Taleh Kazimov, Chairman of CBA

# 26 July 2023 11:38 (UTC +04:00)

Central Bank of Azerbaijan (CBA) forecasted inflation in the country at around 6-7 percent in July, said Chairman of CBA Taleh Kazimov at press conference held today, APA-Economics reports.

He stressed that the Central Bank forecasted that in 2024, inflation will decrease and will fall to 5-6%.

Note that that CBA had set inflation at 8.3% in its previous forecast.

 

 

 

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