Today.Az » Business » Inflation rate to make up 17-18% in Azerbaijan in 2007
12 December 2007 [18:02] - Today.Az
The average annual inflation rate in Azerbaijan is forecasted to be 17-18% in 2007.

The indicator currently exceeds 16%, as announced by Elman Rustamov, chief of Directors' Board of the National Bank.

According to him, the inflation rate, "imported" to Azerbaijan in 2007, made up 7%, due to the rise in prices on oil and foodstuffs on the global market.

/Day.Az/



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