Baku 18° C
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%.
Author
Latest News
20:28
Video
Muradov: Azerbaijani engineers living in Europe can make significant contribution to the country
Diaspora20:23
Baku updates information on sailors affected in Azov Sea attack
Foreign policy20:18
Rafael Schvartzman: High European airport charges are hurting airlines
Infrastructure20:13
2026 Chovgan World Championship in Baku: match schedule approved
Team sports20:10
Stefano Titotto: Smart cities need smart materials
Business18:02
German professor names key platform for developing cooperation with Azerbaijani engineers
Business17:51
IATA supports raising threshold for compensation for flight delays
Infrastructure17:47
Majnun Mammadov: Investment in digitalization and logistics will reduce food losses
AIC17:44