World Bank announces inflation forecast for Azerbaijan

World Bank updated inflation forecast of Azerbaijan, reports citing World Bank’s report on “Social Protection for restoration: Economy of the Europe and Central Asia”.

According to the report, inflation in Azerbaijan will be 12,5% (3,5 percentage point up compared with the April forecast), while it will be 9,5% in 2023 ( 2,9 percentage point up).

World Bank increased the inflation forecast in Azerbaijan by 2 percentage points to 8% in 2024.

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