Bank Of Baku

Azerbaijan to observe diminishing dynamics on inflation in the coming years

Azerbaijan to observe diminishing dynamics on inflation in the coming years
# 15 October 2012 14:19 (UTC +04:00)
Baku. Vahab Rzayev – APA-Economics. In 2016, inflation will make 4.2% in Azerbaijan, it has been reflected in the forecasts of the government for the coming 4 years, APA reports.

In general, in 2013-2016, the country will observe diminishing dynamics on inflation. That is, in 2013, the inflation is forecasted at 5.7%, in 2014 – 5.2%, in 2015 – 4.0%. At the same time, inflation is expected at 4.7% for 2012. Note that, in 2011, the inflation made 7.9%.
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