Fitch Ratings: Inflation in Azerbaijan to be 8.7% in 2022

In keeping with the updated forecast of Fitch Ratings, the annual inflation in Azerbaijan this year will be 8.7%, Report informs citing the rating agency’s report.

Under the document, this is 2.3% more than the previous forecast.

Fitch Ratings raises Georgia's inflation expectations from regional countries by 4.5 percentage points to 10%, and Armenia by 3.5 percentage points to 8.5%.