Azerbaijan is experiencing a rare economic paradox: inflation has fallen below 1%, yet the country’s GDP has seen a significant decrease. According to official data from the State Statistics Committee, the annual inflation rate from January to April 2024 was just 0.7% compared to the same period in 2023. This includes a 0.7% decrease in the consumer price index for food, beverages, and tobacco products, a 1.3% increase for non-food products...

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