What do falling global inflation rates mean for Azerbaijan? [COMMENTARY]

Azernews.Az

23 October 2024 16:21 (UTC+04:00)

Akbar Novruz

Kristalina Georgieva, the executive director of the International Monetary Fund (IMF), stated that global inflation has decreased from 14% in 2022 to below 4% in 2024. Meanwhile, the European Central Bank anticipates an increase in inflationary pressure. According to the ECB's management, which lowered all three interest rates on October 17, “the pace of consumer price growth will accelerate in the coming months, before falling to the target level of 2% over the next year."

Access to paid information is limited

Find the plan that suits you best.

1 month subscription

Full digital access to all news for 1 month

1.00₼

Select

3 months subscription

Full digital access to all news for 3 months

2.00₼

Select

-33%

6 months subscription

Full digital access to all news for 6 months

3.84₼

Select

-36%

1 year subscription

Full digital access to all news for 1 year

7.10₼

Select

-41%

Here we are to serve you with news right now. It does not cost much, but worth your attention.

Choose to support open, independent, quality journalism and subscribe on a monthly basis.

By subscribing to our online newspaper, you can have full digital access to all news, analysis, and much more.

You can also follow AzerNEWS on Twitter @AzerNewsAz or Facebook @AzerNewsNewspaper

Thank you!