“Today, inflation has become a serious problem all over the world. Even in developed Western countries, where inflation was usually not higher than one, a maximum of 1.5 percent, today it exceeds 10 percent.” This, in particular, said President Ilham Aliyev in an interview with Azerbaijani television channels, answering the question of the steps taken to reduce the influence of prices and high inflation in the world on Azerbaijan.
Having called the inflation in Azerbaijan the imported, the head of the Azerbaijani state said: “Of course, being part of the world economy, we import many goods, trying to get a wider scope of importing local production. But for now, we, of course, dependent on imports Therefore, so to speak, inflation is imported to Azerbaijan. According to the results of last year, it amounted to 13.9 percent. That is, the possibility of combating this imported inflation we have quite limited. “