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Projection of average annual inflation in Azerbaijan by end of year revealed

Economy Materials 13 October 2023 12:43 (UTC +04:00)
Projection of average annual inflation in Azerbaijan by end of year revealed
Humay Aghajanova
Humay Aghajanova
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BAKU, Azerbaijan, October 13. Average annual inflation in Azerbaijan is projected at a single-digit level of 9.5 percent by the end of 2023, Trend reports.

This was announced at a meeting of the Working Group on inflation and price monitoring.

One of the main tasks set by the President of the Republic of Azerbaijan before the government is to achieve a single-digit inflation rate by the end of the year.

In addition, the established Working Group on monitoring of inflation and prices has also studied all the reasons having an increasing influence on prices. In this regard, the necessary measures will be continued to maintain inflation within the limits not damaging macroeconomic and financial stability.

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