CBA: Inflation will be lower than actual rates by year-end

The Central Bank of Azerbaijan predicts that in a relatively favourable external environment, inflation will be lower than actual rates by the end of the year, the CBA told Report.

Inflation is expected to return to the target range in the medium term:

"The Central Bank constantly monitors the processes in the global and national economy, financial markets, as well as analyzes the structure and factors of inflation. The next decisions on the parameters of the interest rate corridor will be made, taking into account the compliance of actual inflation with the forecast and the degree of realization of external and internal inflation risks."