ADB announces inflation forecast for Azerbaijan

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%.