Bank Of Baku

Azerbaijan sees 1.5% inflation in nine months of 2014

Azerbaijan sees 1.5% inflation in nine months of 2014
# 14 October 2014 09:06 (UTC +04:00)

Baku. Parviz Nuriyev - APA-Economics. Inflation in the nine months of 2014 made 1.5% in Azerbaijan, APA reports quoting website of the Ministry of Finance.

 

Compared to August, the consumption good prices and service tariffs rose 1.1%, including food prices – 2.6%, service tariffs 0.1%, non-food products prices remained unchanged.

 

According to IMF forecasts, the lowest inflation is expected to be recorded in Azerbaijan among the world countries in late 2014.

 

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