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Azerbaijan’s annual inflation accelerates in 10M2021

Economy Materials 13 November 2021 10:04 (UTC +04:00)
Azerbaijan’s annual inflation accelerates in 10M2021

BAKU, Azerbaijan, Nov. 13

By Nazrin Israfilova – Trend:

Annual inflation in Azerbaijan in October accelerated to 10 percent, Trend reports referring to the State Statistics Committee.

According to the committee, the consumer price index in 10M2021 was exceeded by 5.7 percent compared to the same period in 2020.

It is reported that the consumer price index for food, beverages and tobacco products was exceeded by 6.7 percent, for non-food products - 4.6 percent, for paid services to the population - 5 percent.

It is noted that the consumer price index in October this year was exceeded by 1.6 percent against the previous month and 10 percent against October last year.

In particular, compared to the same period in 2020 an increase in prices was for certain food products, such as buckwheat, cookies, pasta, flour, rice, sausages, chicken, beef, lamb, fresh fish, cottage cheese, sour cream, condensed milk, cheese, eggs, butter and sunflower oil, table margarine, grapes, bananas, pears, tomatoes, cucumbers, eggplants, peppers, cabbage, potatoes, onions, garlic, lentils, carrots, sugar and powdered sugar, sweets, natural honey, tea, coffee and cocoa powder, cola, vodka.

Also, a decrease in price growth was noted mainly for tangerine, lemon, kiwi, pomegranate, quince, dates, apple, pumpkin and beetroot. No significant changes in prices were noted for other food products.

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