Annual inflation in Azerbaijan reached 10.6%

Baku. 11 August. REPORT.AZ/ Prices for consumer goods and tariffs for services in Azerbaijan in January-July 2016 grew year on year by 10.6%, including for foodstuff products - 12.0%, non-food products - 15.5% , tariffs for paid services rendered to population - by 4.7%.

Report informs referring to the State Statistical Committee, the prices for consumer goods and tariffs for services in July fell by 0.3% on a monthly basis, including food products fell by 1.6%, non-food prices and tariffs for paid services rendered to the population grew by 0.2% and 1.0% respectively.

Notably, in January-June consumer goods and tariffs for services in Azerbaijan rose YoY by 10.5%, including for foodstuff products - 11.9%, non-food products - 15.4%, tariffs for paid services rendered to the population - 4.5%.

In June, prices for consumer goods and tariffs for services increased by 0.5% compared with May, including food products fell by 1.3%, non-food products rose by 0.3%, tariffs for paid services rendered to the population remained unchanged.