Central Bank of Azerbaijan announces inflation forecast for next year

The Central Bank of Azerbaijan (CBA) forecasts annual inflation in the country at 5-5.5% in 2024, according to the CBA statement on the main directions of monetary policy for 2024.

Report informs that, according to the information, the weakening influence of external factors on inflation and anti-inflationary measures carried out jointly with the government will contribute to the formation of inflation in the target range in the medium term.