Bank Of Baku

Arif Valiyev: Inflation is expected to reach 8% in Azerbaijan by the end of the year

Arif Valiyev: Inflation is expected to reach 8% in Azerbaijan by the end of the year
# 16 April 2010 11:08 (UTC +04:00)
According to him, the inflation was 3.8% in January-March in Azerbaijan. The food products rose by 2.5%, non food products 1.6%, service tariffs 8.5%.

The prices of consumer goods and service tariffs 1.3% increased compared with February including of, prices of food products rose by 2.4%, non food products prices fall 0.1% and service tariffs down by 0.3%.

According the forecast of government, the inflation is expected to be 3%.
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