Annual inflation rate in Azerbaijan drops below 13%

In January-June 2023, the consumer price index was 112.7% compared to the same months of 2022, Report informs, citing the State Statistical Committee.

This figure was 13.1% in January-May 2023.

The consumer price index for food products, beverages, and tobacco products was 115.1%, for non-food products - 111.4%, and for paid services provided to the population - 110.5%.

In June 2023, the consumer price index was 99.1% compared to the previous month, 110.6% in comparison to June 2022.