CBA: Annual inflation will be around 8% in 2023

According to the updated forecasts of the Central Bank of Azerbaijan (CBA), annual inflation is expected to be around 8% in 2023 if the assumptions of the base scenario remain stable, Report informs, referring to CBA.

According to the information, amid the stabilization of world energy and food prices, inflation in the trading partner countries has gradually decreased starting from the 4th quarter of 2022.