IMF forecasts inflation to be 3.3% in Azerbaijan next year
  • ANALYTICS

  • 18:45 20 September 2019

IMF forecasts inflation to be 3.3% in Azerbaijan next year

Level of inflation is forecasted to be 3.3% in Azerbaijan next year, ONA reports citing newly-published report of International Monetary Fund (IMF). 

According to the report, prices of the consumer products and services, produced in the country, will increase by 3.2% in 2019, and 3.3% in 2020.

Note that according to the mid-term forecasts of Azerbaijan government, level of inflation will be 3.7% in 2019, 4.6% in 2020, 4.5% in 2021, 4.1% in 2022, and 3.9% in 2023 in Azerbaijan.

Faig Mahmudov

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