Web Desk February 17, 2021

A tariff increase for fuels (gasoline by 11% diesel by 33%) and a two-fold rise for water tariffs are expected to translate to higher prices going forward but inflation is likely to remain within the Central Bank of Azerbaijan (CBA) target range, APA-Economics reports citing World Bank.

 

Note that annual CPI inflation increased slightly to 2.7% in December but remained within the CBA target range.

 

Source: Azeri-Press News Agency

Leave a comment.