Baku 21° C
CBA updates inflation forecasts
Finance
- 22 January, 2025
- 08:27
Add Report.az to preferred Google sources
Stay up to date with the top news!
The Central Bank of Azerbaijan (CBA) has updated its forecasts, projecting annual inflation in Azerbaijan to be around 5.5% in 2025 and 3.8% in 2026, Report informs, citing the CBA.
The CBA noted that its current monetary policy aims to maintain inflation within the target range and stabilize inflation expectations. Under this policy framework, the base scenario anticipates that annual inflation will stay within the target range (4±2%) for both 2025 and 2026.
Previously, the CBA had forecasted an annual inflation rate of 5.8% for 2025.
Author
Latest News
11:55
Photo
International travelers in Khojavand briefed on Azykh Cave's history
Karabakh11:52
Shlapachenko: UN plans strategic dialogue with Azerbaijani government in Karabakh region
Foreign policy11:50
International travelers impressed by Karabakh's restoration
Karabakh11:47
Berdimuhamedov: Central Asia-Azerbaijan format creates conditions for economic and technological development
Foreign policy11:46
Mirziyoyev proposes joint production under 'six economies – one product' formula within C6
Foreign policy11:43
Shavkat Mirziyoyev: Consultative meeting with participation of Azerbaijan is of historical significance
Foreign policy11:40
Photo
8th Consultative Meeting of Heads of State of Azerbaijan and Central Asia held in Turkmenbashi
Foreign policy11:32
President: Azerbaijan is working jointly with Kazakhstan and Uzbekistan to create a green energy corridor
Foreign policy11:31