Inflation to increase 1.4% in Azerbaijan next year - IMF

  05 November 2016    Read: 1408
Inflation to increase 1.4% in Azerbaijan next year - IMF
The economy of Azerbaijan is projected to contract in 2016 amid a drop in export revenues, with the economy shrinking by 2.4 percent, according to the IMF World Economic Outlook.
Growth in this country is projected to rise gradually, supported by increased nonhydrocarbon activities, as well as some recovery in oil prices and more competitive currencies.

IMF says the inflation in Azerbaijan will make up 1.4% in 2017.

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