The Azerbaijan State News Agency

ECONOMY

INFLATION FORECAST NOT TO EXCEED 22 PERCENT BY END OF YEAR

“Inflation in Azerbaijan will not exceed 22 percent by the end of this year,” Acting Chairman of the State Statistics Committee Arif Veliyev told AZERTAC. He said that world market slump has affected Azerbaijan too as the country imports 55 percent of food products. Veliyev added the basket of goods is planned to be reviewed during the next year’s price formation process.

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