Average annual inflation will remain at one-digit level by the year-end

  13 October 2015    Read: 1097
Average annual inflation will remain at one-digit level by the year-end
"The inflation was maintained at one-digit level in 2015. Average inflation in 8 months made 3.8%, down 8.3% from the levels in the partner countries", Chairman of the Central Bank of Azerbaijan Elman Rustamov said during the discussion of 2016 state budget package at the plenary meeting of Azerbaijani Parliament.
According to him, increase of personal incomes exceeded the inflation by 2.1%

“Average annual inflation is expected to remain at one-digit level by the year-end. Central Bank’s monetary policy in 2016 will support realization of government’s forecast for inflation (approximately 4%)”, Rustamov said.

More about:


News Line