Annual inflation rate makes up 12.6% in Azerbaijan

In January-May 2022, the consumer prices index (CPI) made up 112.6%, food products, drinks, and other products – 117.9%, non-food products – 106.6%, and paid services - 110.2%, Report informs.

According to the State Statistical Committee, in May, the CPI stood at 100.7% compared to the previous month and 113.7% compared to a year earlier.

In May 2022, the index of prices of food products, drinks, and tobacco products was 101% against the previous month and 120.2% against the last year.

The index of prices of non-food products accounted for 100.76% compared to a month earlier, 107.1%, by contrast a year ago.

The index of prices of paid services accounted for 100.5% compared to a month earlier, 110.3% in comparison to the previous year.