According to World Bank forecasts, annual inflation in Azerbaijan will be 3% in 2024, 3.5% in 2025, and 4% in 2026, this was stated in the Bank's April report on European and Central Asian Economies entitled Unleashing the power of the private sector, APA reports.
"Inflation is projected to remain low, averaging 2.2 percent in the medium term, owing to moderate domestic demand growth and stabilization in global food prices", the report says.