Bank Of Baku

Annual inflation drops to 1.3% in Azerbaijan

Annual inflation drops to 1.3% in Azerbaijan
# 15 November 2012 15:03 (UTC +04:00)

 

Baku. Vahab Rzayev – APA-Economics. Compared to September, in October, consumer prices and service tariffs soared 0.7%, as well as prices of food products rose 1.5%, price and service tariffs of non-food products remained stable.

 

According to the State Statistical Committee, compared to 2011, during 10 months of 2012 prices and tariffs climbed 1.3%, as well as prices of food products – 1.2%, non-food products - 1.2%, service tariffs – 1.3%. 

 

Note that, in January-September, inflation made 1.5% in the country. 

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