Azeri Government expects inflation reduction due to seasonal factors

Business Materials 13 June 2006 18:47 (UTC +04:00)

Azeri Government expects the certain inflation decrease due to seasonal factors, Trend reports quoting Vahid Ahundov, Presidents Counselor for economic affairs.

Ahundov said inflation totaled 0.3% and in May. В"Todays level of inflation is quite OK at such a policy we carry out nowВ", - he outlined.

The governmental policy is to track situation on a monthly basis and for this purpose workgroups have been established in appropriate economic ministries and agencies. This, he opines, allows regulate and keep inflation within the permissible limits.