Inflation in Azerbaijan is expected to average 6.2-6.5 percent by the end of 2021, Elman Rustamov, Chairman of the Board of the Central Bank of Azerbaijan (CBA), said at a press conference, Trend reports.

“Next year, the average inflation is projected at 5.6 percent,” he added.

The CBA board has decided to increase the discount rate by 0.5 percentage points – from 6.5 to 7 percent.

Source: Trend News Agency