BAKU, Azerbaijan, February 9. The International Monetary Fund (IMF) predicts average annual inflation in Azerbaijan to hit 4.7 percent in 2024, Trend reports.
According to IMF predictions, the country's average annual inflation will be 5 percent in 2025, 4.5 percent in 2026, 4% in 2027, and 4 percent in 2028.
The consumer price index (end of term) is anticipated to rise by 5 percent in 2024-2025 and 4 percent in 2026-2028.
Meanwhile, inflation in Azerbaijan was 8.8 percent in 2023, compared to 13.9 percent in 2022.
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