Azerbaijan forecasts 5.3% inflation as 2027 budget assumes $65 oil
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Azerbaijan predicts that average annual inflation will reach 5.3% by 2027. Government budget projections for next year assume a crude oil price of $65 per barrel. This information was shared by an official from the country.
Azerbaijan expects average annual inflation to reach 5.3% in 2027. The budget projections set the average annual price of crude oil at $65 per barrel for next year, as an Azerbaijani official noted.