11:21 - 12.03.2025
March 12, Fineko/abc.az. The Board of the Central Bank of Azerbaijan (CBA) has announced another decision on the discount interest rate.
ABC.AZ informs that the CBA kept the discount rate at 7.25%, the lower limit of the interest rate range at 6.25%, and the upper limit of the interest rate range at 8.25%.
The decision to keep the discount rate unchanged was made taking into account the availability of actual and projected inflation within the target, global economic conditions, analysis of macroeconomic trends and transfer of monetary policy decisions to the real sector.
Since the last meeting, annual inflation has continued to remain within the target range (4±2%). So, in January 2025, 12-month inflation was 5.4%. The annual price growth during this period was 5% for food products, 2.6% for non-food products and 8.4% for services. Annual core inflation was 4.3%.
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