Baku – APA-Economics. According to indicators of 2016, the inflation in Azerbaijan will make up 10.2% this year, the European Bank for Reconstruction and Development (EBRD) reported.
According to the bank, after devaluation of manat, the inflation reached 11.2% in Azerbaijan in January-September, while it was 4% in 2015.
According to outcomes of the current year, the balance of payments surplus will be 0.7% of GDP, budget deficit will make up 9.9% of GDP.
Earlier, the EBRD forecasted the GDP will decline 3%.