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IMF: Oil and commodity are expected to go down next year

IMF: Oil and commodity are expected to go down next year

02 November 2011 13:35 (UTC +04:00)

According to him, the GDP growth rate over the world is forecasted to be 4%, min 2012.

It was also noted in the outlook that, the GDP in Azerbaijan is forecasted to be 0.2% in 2011, 7.1% - in 2012.

Generally, these indexes are expected to be 5.6% and 6.4% in the oil exporter countries in South Caucasus and Central Asia region.

About inflation in Azerbaijan, outlook says it will be 9.3% in 2011, 10.3% in 2012.

These indexes will make 9.6% and 9.2% in oil exporter countries of the South Caucasus and Central Asia region.

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