Bank Of Baku

CBA: “Inflation will be single-digit, in Azerbaijan, this year”

CBA: “Inflation will be single-digit, in Azerbaijan, this year”
# 11 February 2011 14:55 (UTC +04:00)
Review reports that, this forecast accords to the forecasts of international organizations. According to the IMF’s last regional forecast the annual inflation in Azerbaijan will make 5-6% in 2011-2012.

According to results of Real Sector Monitoring conducted by CBA, there is not an important growth in the price rise expectations of economy. Price indexes on trade sector also decreases. These expectations increase slowly in industry and service. In construction sector, this index leaves the negative zone.
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THE OPERATION IS BEING PERFORMED