Baku 21° C
ADB updates inflation forecasts for Azerbaijan
Finance
- 20 September, 2023
- 05:58
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 10% this year, said the Bank's Asian Development Outlook for September, Report informs.
According to the document, this is 3 percentage points higher than the ADB's April forecast.
The bank forecasts 8.5% inflation in Azerbaijan next year, 2 percentage points higher than the previous forecast.
ADB expects inflation in the Caucasus and Central Asia region to be 10.6% (0.3 percentage points higher) this year and 8% next year (0.5 percentage points higher).
Author
ADB Azərbaycanda inflyasiya ilə bağlı proqnozlarını yeniləyib
АБР обновил прогноз по инфляции в Азербайджане
Latest News
00:04
80 people suffer food poisoning in Türkiye's Izmir
Region
23:40
UK ambassador summoned to Iranian Foreign Ministry over RAF Fairford claims
Region
23:06
Photo
Sabah beat Slavia 2-0 for historic Champions League victory
Football
22:46
Marta Kos: Albania's EU membership by 2030 is entirely possible
Other countries
22:25
Netherlands may need €9.5 billion to upgrade roads and railways for NATO
Other countries
22:12
Photo
Video
Sites of Memory of Western Azerbaijan: History of Arafsa in Zangazur
Domestic policy
21:54
Photo
Nakhchivan, ADB discuss Zangazur Corridor and regional projects
Tourism
21:27
Azerbaijani ambassador highlights energy cooperation with EU at Zagreb forum
Foreign policy
21:14
Mikayil Jabbarov highlights Azerbaijan-Turkmenistan role in Middle Corridor
Foreign policy