According to the updated forecasts of the Central Bank of Azerbaijan, the average annual inflation this year is expected at 6.3-6.6%, and the annual-11.4-11.9%. This is stated in the report of the Central Bank of Azerbaijan.
“According to the basic forecast, inflation processes are stabilized, starting from the first quarter of next year, and starting from the second half of the year, inflation will move to the upper boundary of the target range,” said the department.