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ADB's inflation forecast in Azerbaijan remains stable
Finance
- 04 April, 2023
- 05:42
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.
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