Baku 8° C
CBA updates inflation forecasts
Finance
- 22 January, 2025
- 08:27
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
21:18
Polish, Armenian PMs discuss Yerevan–Baku peace process
Foreign policy21:10
EU extends sanctions on Belarus
Other countries21:00
Azerbaijan, Indonesia discuss strengthening bilateral cooperation
Foreign policy20:51
Azerbaijan's Permanent Mission to UN: Accountability for Khojaly genocide is undeniable
Foreign policy20:45
Photo
Azerbaijan's Economic Council adopts decisions to improve business environment
Business20:35
Leyla Aliyeva meets Patriotic War veteran Ravan Azizov
Domestic policy20:30
Photo
Khojaly genocide victims commemorated at The Hague's Grote Kerk
Foreign policy20:17
Ilham Aliyev: We must and will always be strong so that such tragedies do not happen again
Domestic policy20:11