Inflation in Azerbaijan forecast at 10-12% in 2016

  25 January 2016    Read: 1061
Inflation in Azerbaijan forecast at 10-12% in 2016
Inflation in Azerbaijan in 2016 is forecast to be at 10-12 percent, said the country`s Finance Minister Samir Sharifov said.
"It is envisaged in the updated concept of socio-economic development, prepared by the Ministry of Economy," Sharifov said.

He added that the devaluation of manat impacted the consumer prices, thus the inflation in the country for 2016 is forecast at 10-12 percent.

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