Inflation rate in Azerbaijan; Forecasting Accuracy Problem

Inflation rate in Azerbaijan; Forecasting Accuracy Problem The Azerbaijani State Statistics Committee has surprisingly adjusted its forecasted inflation rate for 2012 6,0 % to 4,0 % as the committee reported. According to the State Committee, “The macro-economic indices reflecting socio-economic development of the country increased in the first quarter of 2012,” he said. “The amount of pensions and population income increased whilst... Read More

What was inflation rate for Azerbaijan in January, 2012?

What was inflation rate for Azerbaijan in January, 2012? In January 2012, inflation in Azerbaijan made up 0.1% against December 2011, according to figures from the State Statistical Committee. Thus, food prices rose by 0.1%, while prices nonfoods and services didn’t change- State Statistic Committee reported. Meanwhile, the CESD also concluded its price monitoring in 24 regions of Azerbaijan. According to CESD initial results, inflation rate in... Read More