ADB's inflation forecast in Azerbaijan remains stable

The Asian Development Bank (ADB) predicts inflation in Azerbaijan to be at 7% this year, said the Bank's Asian Development Outlook for April, Report informs.

According to the document, this is the same as ADB's September forecast.

The bank forecasts 6.5% inflation in Azerbaijan next year.

ADB expects inflation in the Caucasus and Central Asia region to be 10.3% (1.8 percentage points higher) this year and 7.5% next year.

Latest news

Price of Azerbaijani oil exceeds $76 23 November, 2024 / 11:03