IMF forecasts 7.9% inflation rate in Azerbaijan in 2015

IMF forecasts 7.9% inflation rate in Azerbaijan in 2015 The International Monetary Fund (IMF) has published updated World Economic Outlook (WEO), noting that the consumer price index (CPI) in Azerbaijan has medium-term growth trend. According to the WEO, CPI in Azerbaijan will make up 5% in 2015, another 4.2% in 2016 and will rise up to 4.5% in 2020. According to the Fund’s forecasts, by the end of 2015 country’s consumer inflation will total 7.9% (Q4 of 2015 against Q4 of... Read More