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ADB announces inflation forecast for Azerbaijan
Finance
- 15 September, 2020
- 06:23
The Asian Development Bank (ADB) forecasts inflation in Azerbaijan at 3.8% in 2020 (1.2% points higher than last year), Report says.
According to the bank's Asian Development Outlook, it is expected to fall by 0.6% to 3.2% next year.
In general, inflation in the Central Asian region is anticipated at 8.3% this year and 6.6% following year.
According to the State Statistics Committee, inflation in Azerbaijan in January-August 2020 was 2.9%.
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