IMF: Azerbaijan’s annual inflation rate will reach 3.5% 

The inflation rate in Azerbaijan is expected to increase by 0.7 percentage points to $3.5% this year, Report informs, referring to the IMF.

This figure will drop 0.3 percentage points to 3.2% in 2022-2023.

According to the State Statistical Committee, the annual inflation was at 4.5% in January-July 2021, while at 2.8% in late 2020.