Azeri central bank cuts inflation forecast to 4.4 pct in 2015
12.11.2015 18:00
Azerbaijan's central bank has cut its annual inflation forecast to 4.4 percent for this year from 5-7 percent.
The bank said on Thursday that consumer prices rose to 4.1 percent in January-September 2015, up from 1.8 percent in the same period last year.
"Single-digit annual inflation forecast proves adequacy of the central bank's monetary and exchange policy," the bank said in its monthly review.
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