Azerbaijan's inflation forecast by IMF fixed

The International Monetary Fund (IMF) has trimmed the outlook on consumer inflation in Azerbaijan in 2014, IMF's forecast Word Economic Outlook said.

Thus, IMF experts expect that the inflation rate will be 6.3 percent in 2014, which is 0.4 percent less than the previous forecast. The fund predicted in May this year that consumer inflation in the country will hit 6.7 percent.

According to IMF estimates, consumer inflation will hit 3.7 percent by the end of this year.


/Trend/