Azerbaijan's Central Bank predicts inflation rates of 5.1% by year-end 2024 and 5.8% for 2025.

Azerbaijan's Central Bank predicts the country's inflation will reach 5.1% by the end of 2024 and 5.8% by 2025. Chairman Taleh Kazimov revealed this during a parliamentary meeting, stating the bank has eased monetary policy to reduce inflationary pressures. The bank's strategy also includes stabilizing financial markets. Kazimov added that enhancing the manat's exchange rate could help lower inflation.

November 18, 2024
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