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Central bank predicts 3.5% inflation in 2010

27 October 2009 23:50 (UTC+04:00)
Central bank predicts 3.5% inflation in 2010
Inflation is expected to reach 3.5% in Azerbaijan in 2010, the country`s central banker has said. Elman Rustamov, chairman of the Central Bank steering board, noted, further, that the figure could be even lower, and the government is holding discussions on this projection.
As for this year`s inflation, Rustamov said the Central Bank forecasts the indicator at 2-2.5%. The government aims to keep inflation at this level in the coming years.

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