Central Bank of Azerbaijan released forecast for inflation

The Central Bank of Azerbaijan (TsBA) predicts about 8% of inflation this year, the Central Bank of Azerbaijan said.

“Although annual inflation, in general, tends to decrease, its predictable level continues to exceed the target indicator. According to updated forecasts, while maintaining stable versions of the base scenario in 2023, annual inflation is expected at about 8%,” the said in the level TECARTIC OF TSTROBANK.