ADB predicts Azerbaijan inflation at 6.5% in 2012
The Asian Development Bank has revised down its outlook on consumption goods prices and service fees in Azerbaijan, reducing the country's inflation forecast for both 2012 and 2013 by 2.5 percentage points.
The Asian Development Outlook 2012 report says the inflation in Azerbaijan will be 6.5% in 2012 and 6% in 2013.
In its report issued in April, the ADB projected Azerbaijan's annual inflation for 2012 at 9% and 8.5% for 2013.
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