Bank Of Baku

Inflation in Azerbaijan is mainly formed by import

Inflation in Azerbaijan is mainly formed by import
# 21 December 2010 10:04 (UTC +04:00)
According to APA-Economics calculations this part makes approximately 80%.

Thus, according to SSC information, annual price growth on imported consumption goods made 4.3%. At the same time, the PPI (producer price index) has increased and this growth made 31.4%. This was observed on mining industry. Besides, price growth on food products made 6.7%. Inflation on al goods import is 7.4%.
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