Bank Of Baku

Central Bank of Azerbaijan announces inflation forecast

Central Bank of Azerbaijan announces inflation forecast
# 01 November 2024 10:39 (UTC +04:00)

According to the existing monetary policy, inflation is projected to remain within the target range (4±2%) by the end of 2024 and in 2025, APA-Economics reports citing the Central Bank of Azerbaijan (CBA).

According to the updated forecasts for October, the annual inflation rate is expected to be 5.1% by the end of 2024 and 5.8% in 2025.

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