16:49 - 28.04.2022

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April 28, Fineko/abc.az. The Russian-Ukrainian military conflict may lead to long-term high energy prices, ABC.AZ reports with reference to Moody's.

The document says that food and fuel prices are rising, and disruptions in the supply chain continue.

"Risks have increased towards higher inflation over a longer period of time. The continued high inflation, in particular, slows down the growth of real GDP, and an increase in real interest rates will have a negative credit impact on countries," Moody’s says.