Baku 12° C
ADB announces inflation forecast for Azerbaijan
Finance
- 15 September, 2020
- 06:23
The Asian Development Bank (ADB) forecasts inflation in Azerbaijan at 3.8% in 2020 (1.2% points higher than last year), Report says.
According to the bank's Asian Development Outlook, it is expected to fall by 0.6% to 3.2% next year.
In general, inflation in the Central Asian region is anticipated at 8.3% this year and 6.6% following year.
According to the State Statistics Committee, inflation in Azerbaijan in January-August 2020 was 2.9%.
Author
Latest News
19:16
Kuwait's Mubarak Al-Kabeer Port targeted by drone, cruise missile
Other countries18:49
Baba El‑Bekay: Religious monuments restoration in Karabakh inspires deep respect
Karabakh18:42
Photo
Türkiye delivers military equipment to Georgian Special Operations Command
Domestic policy18:25
Jean Jaspersen‑Naegele praises Karabakh's development and heritage
Karabakh18:19
Ilham Aliyev congratulates staff of Azerbaijan State Musical Drama Theater in Derbent
Domestic policy18:09
Putin inaugurates Azerbaijan State Musical Drama Theater in Derbent
Foreign policy18:03
Bahrain air defense systems intercept over 150 missiles and 360 drones
Other countries17:51
Popov: Russia's humanitarian aid to Iran delivered swiftly via Azerbaijan
Domestic policy17:42