Bank Of Baku

Economic Research Center: Azerbaijan logs 0.33% inflation in November

Economic Research Center: Azerbaijan logs 0.33% inflation in November
# 04 December 2009 14:13 (UTC +04:00)
Baku. Nijat Mustafayev – APA-Economics. Consumer Price Index rose by 0.33 percent in Azerbaijan, including 0.22 percent in Baku and 0.44 percent in regions during November, according to the Economic Research Center’s report based on the Alternative Inflation Methodology Development Project.

The report is based on surveys on goods and services in 11 regions of the country.

Prices of non-foods declined by 0.01 percent and services by 0.06 percent while prices of foodstuffs rose by 0.60 percent.

According to statistics, the consumer prices change was 0.37% deflation for January-November and 1.40% deflation as against November 2008.
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