Fitch Solutions unveiled a forecast for economic growth and inflation in Azerbaijan for 2023, APA reports.

Fitch Solutions decreased the real gross domestic product (GDP) growth forecast from 3% (June indicator) to 1,9%.

The agency also increased the annual inflation forecast in Azerbaijan from 9,20% to 10,6% for 2023.

Note that the Ministry of Economy of Azerbaijan forecasted the growth of GDP at 1,9%, and inflation at the level of 9.5% in 2023.

Source: Azeri-Press News Agency