CESD’s independent inflation rate for 2015 was announced

CESD’s independent inflation rate for 2015 was announced CESD- Center for Economic and Social Development concluded its macro-economic survey results including price collection for 2015. According to the CESD price collection survey which covers the capital city and selected districts in rural Azerbaijan, annual inflation rate was 9.7 % in 2015. Meanwhile, according to the State Statistics Committee, prices of consumer goods and services in 2017... Read More

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... Read More