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Forecast: inflation in Azerbaijan to be at single-digit level this year

Forecast: inflation in Azerbaijan to be at single-digit level this year

05 March 2012 13:19 (UTC +04:00)

According to her, if any foreign shock is not observed, the inflation will be at single-digit level.

She also noted that, at present, a tension was observed in world oil market: â€œbut we donâ€™t see its impact, still. However, weâ€™ve to consider that, such risks existâ€.

Note that, the inflation was at 7.9% in 2011, at 5.7% in 2010, at 1.5% in 2009, at 20.8% in 2008, at 16.7% in 2007.

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