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Azerbaijan's consumer price index increases over year

Economy Materials 13 April 2023 19:10 (UTC +04:00)
Azerbaijan's consumer price index increases over year
Kamran Gasimov
Kamran Gasimov
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BAKU, Azerbaijan, April 13. Azerbaijan's consumer price index (CPI) increased by 13.8 percent from January through March 2023 against the same period of 2022, the State Statistical Committee of the Republic of Azerbaijan told Trend.

Food, beverage, and tobacco prices went up by 17.1 percent, while non-food products – by 12 percent. Meanwhile, paid services rendered to the population rose by 10.6 percent.

The country’s CPI in March 2023 grew by 0.7 percent compared to the previous month and 13.6 year-on-year.

Ratio of March 2023 against February 2023 (percent)

Ratio of March 2023 against March 2022 (percent)

From January through March 2023 against same period of 2022 (percent)

Total products and services

100.7

113.6

113.8

Consumables, including:

101.3

116.8

117.1

Food

101.3

117.4

117.8

Alcoholic drinks

100.7

104.8

105.2

Tobacco products

100.0

103.4

103.5

Non-food products

100.3

111.6

112.0

Paid services

100.2

110.8

110.6

Azerbaijan's CPI increased by 13.9 percent from January through February compared to the same period of the previous year. Prices for food, beverage, and tobacco grew by 17.3 percent, while non-food products – by 12.2 percent. Meanwhile, paid services provided to the population increased by 10.6 percent.

The consumer price index in February 2023 was 101.5 percent compared to the previous month and 114.1 percent compared to February 2022.

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