Annual gas exports from Azerbaijan to the European Union (EU) may require $18.5 billion to reach 20 billion cubic meters, noted a country report by Fitch Solutions, which is a company under the Fitch Group, News.az reports.

Real GDP growth data from the first eight months of 2024 show surprisingly strong activity, prompting an upward revision to Fitch Solutions’ full-year forecast from 2.5% to 3.1%, this was stated in a country report by Fitch Solutions (FS), a company belonging to Fitch Group, News.az reports.

Inflation in Azerbaijan will remain close to the Central Bank of Azerbaijan’s target range of 2.0% to 4.0% in 2024, News.az reports citing Fitch Solutions .

Fitch Solutions (FS) company belonging to Fitch Group, has maintained its growth forecast for Azerbaijan's real GDP for 2024 and 2025 unchanged compared to the previous quarter, News.az reports.

"Tensions in the Middle East have placed upward pressure on crude prices at the same time as demand for natural gas remains strong," says the report of Fitch Solutions, News reports.