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Azerbaijani official: Inflation will amount to 6 percent in 2010

Business Materials 10 May 2010 12:41 (UTC +04:00)
Based on the results of 2010, the inflation rate in Azerbaijan will be 6 percent, Azerbaijani State Statistics Committee Chairman Arif Valiyev said. "Inflation is at 4.4 percent now and it will amount to about 6 percent by late 2010," Valiyev said.
Azerbaijani official: Inflation will amount to 6 percent in 2010

Azerbaijan, Baku, May 10 / Trend H.Valiyev /

Based on the results of 2010, the inflation rate in Azerbaijan will be 6 percent, Azerbaijani State Statistics Committee Chairman Arif Valiyev said. "Inflation is at 4.4 percent now and it will amount to about 6 percent by late 2010," Valiyev said.

According to the preliminary data, the level of Azerbaijan's GDP in the first quarter amounted to 5.1-5.2 per cent, he said.

"Decline was observed in food imports to Azerbaijan, which is linked with the increased production in the country," Valiyev said.

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