Azerbaijan's Annual Inflation Rate Ends Up With Novel Data For 2024
Date
1/22/2025 3:08:25 AM
(MENAFN- Trend News Agency)
BAKU, Azerbaijan, January 22. The annual
inflation rate in Azerbaijan amounted to 4.9 percent in 2024,
Chairman of the Central bank of Azerbaijan (CBA) Taleh Kazimov said
at a press conference on the interest rate corridor parameters,
Trend reports.
“Last year, annual inflation stood at 4.9 percent, food
inflation at 5.5 percent, non-food inflation at 2.4 percent, and
inflation in services at 6.3 percent,” the chairman noted.
To note, today, by the decision of the Board of the Central Bank
of the Republic of Azerbaijan, the refinancing rate rate was kept
at the level of 7.25 percent, the lower limit of the interest rate
corridor was 6.25 percent, and the upper limit of the interest rate
corridor was 8.25 percent.
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