Bank Of Baku

Asian Development Bank: Rise of fuel prices in Azerbaijan will increase inflation by 9%

 Asian Development Bank: Rise of fuel prices in Azerbaijan will increase inflation by 9%
# 16 December 2013 10:54 (UTC +04:00)

He said the Bank will accurately assess the economic impact of the price hikes in January next year. According to initial calculations, this will increase the level of inflation by 9% next year.


Valiyev said rise of fuel prices will increase consumer prices and reduce domestic consumption.

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