Bank Of Baku

53% of inflation related with non-monetary factors in 2010, Azerbaijan

53% of inflation related with non-monetary factors in 2010, Azerbaijan
# 14 February 2011 12:51 (UTC +04:00)
Baku. Vahab Rzayev – APA-Economics. According to CBA’s econometric accountings, the 47% of inflation was formed under the monetary, 53% - non-monetary factors, in 2010, Azerbaijan, CBA’s Monetary Policy for 2010 reports.

According to decomposition of inflation, the prices have increased on the account of dynamics of foodstuffs prices.

Remind that, the average annual inflation made 5.7% in 2010.


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