Baku 14° C
ADB sharply increases its inflation forecast for Azerbaijan
Finance
- 21 September, 2022
- 05:27
Add Report.az to preferred Google sources
Stay up to date with the top news!
The Asian Development Bank (ADB) predicts inflation in Azerbaijan to be at 11.5% this year, said the Bank's Asian Development Outlook for September, Report informs.
According to the document, this indicator is 4.5 percentage points higher than the ADB's April forecast.
The bank increased its inflation forecast in Azerbaijan by 1.7 percentage points to 7% next year.
ADB expects inflation in the Caucasus and Central Asia region to be 11.5% (2.7 percentage points higher) this year and 8.5% (1.4 percentage points higher) next year.
Author
ADB Azərbaycanda inflyasiya ilə bağlı proqnozunu kəskin artırıb
АБР резко повысил прогноз по инфляции в Азербайджане
Latest News
23:54
Parviz Shahbazov: Strong political ties underpin Azerbaijan–Ukraine economic cooperation
Foreign policy
23:42
Shmyhal says Black Sea–Caspian links could open new trade and energy routes
Foreign policy
23:23
Shmyhal calls on Azerbaijani companies to help rebuild Ukraine
Foreign policy
23:18
Russia plans to return nine children to Ukraine in November, official says
Region
23:06
QatarEnergy in talks with US suppliers for long-term LNG deals
Other countries
22:48
Putin ready to help end US–Iran conflict, Rezaei says
Region
22:16
Iran's Rezaei delivers letter from Khamenei to Putin
Region
21:58
Russia and Iran sign documents on Rasht–Astara railway project
Region
21:42
Zelenskyy and Costa discuss Ukraine's EU accession and Abu Dhabi talks
Other countries