Annual inflation in Azerbaijan falls to 13.9%

Annual inflation in Azerbaijan falls to 13.9% Monthly inflation makes 0.7%
Finance
October 11, 2017 11:22
Annual inflation in Azerbaijan falls to 13.9%

Baku. 11 October. REPORT.AZ/ In January-September 2017, prices for consumer goods and tariffs for services in Azerbaijan increased by 13.9% compared to the corresponding period in 2016.

Report informs citing the State Customs Committee (SCC), food products, beverages increased by 17,9%, non-food products 12,5%, tariffs for paid services rendered to the population 9.6%. Consumer price index fell 0.1 percentage points for the first time in 2017.

In September, prices for consumer goods and tariffs for services increased by 0,7%, including non-food products and tariffs for paid services rendered to population increased by 1.4%.

Notably, in January-August, prices for consumer goods and tariffs for services in Azerbaijan increased by 14.0% year-on-year. Foodstuffs went up by 18.2%, non-food products 12.6%, tariffs for paid services rendered to the population 9.6%.

In August, prices for consumer goods and tariffs for services increased by 0.2%, including non-food products 0.1%, tariffs for paid services rendered to population 0.2%.

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