Annual inflation rate in Azerbaijan about to fall to 12%

In January-July 2023, the consumer price index was 112.2% compared to the same months of 2022, Report informs, citing the State Statistical Committee.

This figure was 12.7% in January-June 2023.

The consumer price index for food products, beverages, and tobacco products was 114.3%, for non-food products - 111%, and for paid services provided to the population - 110.4%.

In July 2023, the consumer price index was 99.3% compared to the previous month, 109.4% in comparison to last year.