BAKU, Azerbaijan, Mar.31
By Zeyni Jafarov - Trend:
Inflation in Azerbaijan in 2021 is forecasted at the level of 3.9 percent, despite the fact that in 2020 the forecast varied within 2.7 percent, Trend reports citing the ‘Economic Review of Europe and Central Asia’ report of the World Bank (WB).
According to the WB forecasts, in 2022, the inflation rate in Azerbaijan will decrease to 3.2 percent, in 2023 - to 3 percent.
Earlier, the State Statistical Committee reported 3.7-percent growth of the consumer price index in Azerbaijan from January through February 2021. At the same time, the Central Bank stated that the forecast for inflation in the country remains within the target range of 4 percent.
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