Bank Of Baku

Inflation in Azerbaijan to increase next year

Inflation in Azerbaijan to increase next year
# 07 October 2010 12:04 (UTC +04:00)
Under updated WEO 2010, consumer inflation in Azerbaijan will be 5.5% in 2010 and is going to increase up to 6% in 2011. Only in 2015 inflation will reach moderate 3%. At that, by the end of 2010 the IMF expects country’s inflation of 7% and in late 2011 at the level of 5%.
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