Azeri Economy Ministry forecasts inflation at 7.3 pct in 2017
04.11.2016 23:30
Azerbaijan's Economy Ministry said on Friday it projected annual inflation to be 7.3 percent in 2017, down from 12.1 percent expected this year.
The ministry disclosed its projection in an emailed
response to a Reuters question.
response to a Reuters question.Annual inflation in oil-rich Azerbaijan in January-September was 11.2 percent.
Inflation has been pushed up this year by a devaluation of the manat currency. Consumer prices grew by 4 percent in 2015.
www.ann.az
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