Azerbaijan, Baku / Trend corr. I.Khalilova / Azerbaijani Ministry of Economic Development forecasts rate of growth of consumer prices to 12% or 14%. However inflation may to constitute to 10% after stabilizing prices of oil and other imported trades, Heydar Babayev, the Minister of Economic Development of Azerbaijan, said.
Rise in price may remain on 16% or increase by 0.5%. The inflation reached 16% for nine months.
Rise in price of consumer trades Babayev connected with increase in prices in world markets. The inflation cannot be reduced to zero as salaries and pensions are usually increased.
For recent years the Azerbaijani Anti monopoly service and State Service on Control over Consumer Market restored monitorings in order to prevent false increase in prices in the market of the country.