12:34 - 18.12.2024

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December 18, Fineko/abc.az. By the decision of the Board of the Central Bank, the discount rate was maintained at 7.25%, the lower limit of the interest rate corridor was 6.25%, and the upper limit of the interest rate corridor was 8.25%.

ABC.AZ informs that the decision to keep the discount rate unchanged was made taking into account the presence of actual and projected inflation within the target (4±2%) and an analysis of macroeconomic trends.

Annual inflation has remained within the target range since the last meeting. So, in November 2024, the 12-month inflation rate was 4.4%. The annual price increase was 4.4% for food products, 2.2% for non-food products and 6% for services. The low level of food and non-food inflation was one of the main factors contributing to the overall inflation remaining at the target level.