Inflation is expected to be within the target range in the medium term according to the October forecasts of the Central Bank of Azerbaijan (CBA), APA-Economics reports citing CBA.
It was noted that annual inflation is forecasted at 4.3% by the end of 2023, 5.3% in 2024 and 3.4% in 2025. In several consecutive forecast updates this year, inflation forecasts for 2024 and 2025 have been within the target range.
Source: Azeri-Press News Agency