Bank Of Baku

Annual inflation drops to 0.8% in Azerbaijan

Annual inflation drops to 0.8% in Azerbaijan
# 15 February 2013 14:01 (UTC +04:00)

 

Baku. Nijat Mustafayev – APA-Economics. In January 2013, consumer prices and service tariffs climbed 1.2% compared to previous year. Moreover, prices of food products rose 0.6%, price of non-food products – by 0.1% and service tariffs soared 3%.

 

According to the State Statistical Committee, compared to 2012, in January of current year, consumer prices climbed 0.8%, as well as prices of non-food products – 0.5%, service tariffs – 3.4%, whereas prices of food products dropped 0.6%.

 

Note that, in January of 2012, inflation made 4.8% in the country. 

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