Azerbaijan: August 2017 inflation at 0.2%

Prices for consumer goods and tariffs for services in Azerbaijan increased by 0.2% MoM in August, the country’s State Statistics Committee reported. Prices for foodstuff increased by 0.3%, while the prices for non-food goods – by 0.1%. The cost of paid services increased by 0.2%. In January-August prices for consumer goods and tariffs for services…

Azerbaijan: Fitch to upgrade IBA’s ratings

Fitch Ratings, the international ratings agency, said that it had withdrawn International Bank of Azerbaijan’s (IBA) $500 million senior unsecured notes following the completion of the bank’s debt restructuring and the settling of the issue on September 1. The agency has not yet rated the new $1 billion senior notes due 2024 issued in part…