Azerbaijani government reveals mid-term inflation forecast
  • ECONOMY

  • 19:20 13 September 2019

Azerbaijani government reveals mid-term inflation forecast

Inflation level is forecasted to be 3.7% until end of the current year in Azerbaijan, the Ministry of Finance of Republic of Azerbaijan told ONA.

According to the Ministry, although inflation level is expected to increase up to 4.6% in 2020, increase rate is forecasted to decrease in following years. Generally, inflation is expected to be kept at single digit level.

Thus, in Azerbaijan inflation rate is forecasted to be 4.5% for 2021, 4.1% for 2022, and 3.9% for 2023.

ONA

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