Forecast on inflation rate for next year

18.12.2020,16:35


December 18, Fineko/abc.az. The Central Bank has unveiled the discount rate, including updated forecasts on inflation.

ABC.AZ reports that according to the forecasts updated in December, it is expected that by the end of 2020 the inflation in Azerbaijan will be about 3% and by 2021 it will range 3.5-4%.

According to the forecasts updated in October, by the end of 2020 the inflation is expected to remain in the range of 2.8-3% and by 2021 in the range of 3.6-4%.