Bank Of Baku

Inflation in Azerbaijan to fall to 4.2% in 2027

Inflation in Azerbaijan to fall to 4.2% in 2027
# 19 October 2023 11:58 (UTC +04:00)

The Ministry of Economy forecasted that Azerbaijan's average annual inflation in 2023 will be 9.5 percent in the base scenario, APA reports.

It was noted that the average annual inflation forecast at 5.3 percent in 2024 is expected to decrease to 4.2 percent in 2027 at a decreasing pace.

 

 

 

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