Bank Of Baku

5,6-5,7% inflation rate forecasted in Azerbaijan this year

5,6-5,7% inflation rate forecasted in Azerbaijan this year
# 12 December 2010 12:37 (UTC +04:00)
Baku. Parvin Abbasov – APA. Volume of GDP in Azerbaijan has increased by 5%. This figure is 6% in non-oil sector, APA reports. Chairman of State Statistics Committee Arif Valiyev noted that the inflation rate was 5,5% within 11 months. According to him, this indicator is forecasted 5,6-5,7% by the end of the year.

To the Committee Chairman, rise in prices of all products was registered in the country last month and it has various reasons.
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