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CBA: This year inflation to remain within declared framework

Economy Materials 10 July 2019 17:19 (UTC +04:00)

Baku, Azerbaijan, July 10

Trend:

The Central Bank of Azerbaijan (CBA) believes that this year, the inflation will remain within the declared framework, that is, at 4±2 percent, a source in the CBA told Trend.

According to CBA estimates, stabilizing factors remain that allow balancing short-term inflation risks.

The main factors affecting the stabilization of inflation include favorable international situation, a surplus balance of payments, a balanced foreign exchange market and monetary conditions of anti-inflationary nature, the source said.

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