CBA: Annual inflation rate expected at 7-7.5% in Azerbaijan this year

Given the impact of external and internal factors, in September, the forecast on inflation rate as of the end of this year was corrected towards increase, Report informs, citing the Central Bank of Azerbaijan.

According to the forecasts, the average annual inflation this year is expected at 5.4-5.8% and annual inflation at 7%-7.5%.

In 2022, the annual inflation rate is expected at 4-5%.