Fitch Solutions unveiled the growth forecast of real gross domestic product (GDP) in Azerbaijan for 2022, APA-Economics reports citing the September issue of the Europe Monthly Outlook Presentation report of the rating agency.
According to the report, "Fitch Solutions" did not change the real GDP growth forecast and set it at 5.12%. The agency has increased its joint forecast with "Bloomberg Consensus" on real GDP growth from in August from 3.85% to 4.2%.
"Fitch Solutions" did not change the average inflation forecast in Azerbaijan for 2022 and kept it at 7.8%. According to the agency's joint forecast with "Bloomberg Consensus," the average inflation will be 10.45% by the end of this year.
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