Bank Of Baku

Central Bank: Azerbaijan will see 3-5% inflation next year

Central Bank: Azerbaijan will see 3-5% inflation next year
# 21 October 2009 11:49 (UTC +04:00)
Baku. Nijat Mustafayev - APA-ECONOMICS. The Central Bank of Azerbaijan expects inflation to be 3-5% next year, said Elam Rustamov, Chairman of the CBA.

According to him, inflation will remain stable and low.

“Inflation may even be below 3.5%,” he underlined

In his words, this year’s inflation will not be 2-2.5%.
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