Inflation rate in Azerbaijan drops below 9%

Inflation rate in Azerbaijan drops below 9%
# 15 January 2024 12:25 (UTC +04:00)

In 2023, inflation in Azerbaijan dropped to 8.8%, which is 0,6% less compared to the January-November of last year’s indicator, APA-Economics reports citing the State Statistics Committee.

Inflation on prices of food products, beverages, and tobacco products was 9,6%, 8,4 % on non-food items, and 8,2 % on paid services provided to the population.

In December of 2023, the consumer price index was 100,5 % compared to the previous month, and compared to December of the previous year, it was 102.1 %.

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