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IMF Forecasts Single Digit Inflation in Azerbaijan

The International Monetary Fund (IMF) forecasts inflation in Azerbaijan at the level of 7 percent in 2013, and 6.5 percent in 2014, according to IMF World Economic Outlook 2013 report.

The IMF expects Azerbaijan's GDP to grow by 4.1 per cent in 2013, by 5.8 per cent in 2014, and 4 per cent in 2018.

The IMF also predicts the unemployment rate will remain at 6 per cent in 2013 and 2014.

Source: Trend

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