Central Bank of Azerbaijan announces inflation forecast

Central Bank of Azerbaijan announces inflation forecast
# 01 November 2023 14:33 (UTC +04:00)

Inflation is expected to be within the target range in the medium term according to the October forecasts of the Central Bank of Azerbaijan (CBA), APA-Economics reports citing CBA.

It was noted that annual inflation is forecasted at 4.3% by the end of 2023, 5.3% in 2024 and 3.4% in 2025. In several consecutive forecast updates this year, inflation forecasts for 2024 and 2025 have been within the target range.

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