Inflation in Turkmenistan to slow down in 2022-2023 – ADB

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Azer News

By Trend Turkmenistan’s inflation rate in 2022 is projected at 13 percent, and at 10 percent in 2023, Trend reports via Asian Development Outlook 2022 from Asian Development Bank (ADB). According to the report, inflation in Turkmenistan is projected to slow in 2022 against the background of higher export revenues, however, it will remain at a high level due to rising prices for imported products. Turkmenistan’s inflation rate is expected to slow down further in 2023 due to the weakening of the restrictions due to the COVID-19 pandemic, an increase in energy prices and stimulation of the manufa…

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