Bank Of Baku

ERC: Azerbaijan sees 1.32%-inflatin in July

ERC: Azerbaijan sees 1.32%-inflatin in July
# 13 August 2012 14:23 (UTC +04:00)
Baku. Elnur Huseynguluyev – APA-Economics. Economic Research Center (ERC) presents the results of prices of statistical observation conducted in 10 regions of Azerbaijan in July.

ERC says in July, 1.32%-inflation was observed in Azerbaijan. The growth occurred mainly from rising of food products and service tariffs. So, the food products rose 2.18%, service tariffs – 1.04%. Non-food products dropped 0.23%.

The consumer prices in Baku rose 1.51%, in regions – 1.14%. 14.90%. Food prices in Baku went up 2.48%, in regions - by 1.88%, servcies soared relevantly 1.40% and 0.69%. Non-food prices in Baku slipped 0.43% in Baku, in regions rose 0.04%.

Inflation during 7 months of 2012 made 1.41% in the country, including 2.83% in Baku, 0.07% - i regions.
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THE OPERATION IS BEING PERFORMED