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NGO: Azerbaijan records less alternative inflation rate in Feb. than official rate

Business Materials 15 March 2010 16:07 (UTC +04:00)
In February, Azerbaijan recorded 0.65 percent inflation, the Economic Research Center non-governmental organization reported today.
NGO: Azerbaijan records less alternative inflation rate in Feb. than official rate

Azerbaijan, Baku, March 15 / Trend U.Ismayilova /  

In February, Azerbaijan recorded 0.65 percent inflation, the Economic Research Center non-governmental organization reported today.

Consumer price index for two months grew by 4.02 percent compared to the same period of 2009, the source reported.  

Consumer price index in %

Feb./Jan.

February 2010/

December 2009

Jan.-Feb. 2010/

Jan.-Feb. 2009

Food products and services (inflation)

100.65

101.72

104.02

Food, beverages and tobacco

101.35

103.28

104.66

Nonfood

99.68

99.78

97.64

Services

100.03

100.05

110.47

In February, the most significant price increase observed on prices for fruits, vegetables - 4.73 percent, sugar and tea and spices - 1.58 percent. The most significant drop in prices was observed on non-food items, particularly clothing and footwear - 1.04 percent.

In February compared to January

General goods and services

Food

Non-food

Services

Baku

100.63

101.39

99.44

100.09

Regions

100.68

101.31

99.91

99.97

Based on the Azerbaijani State Statistics Committee's report, Compared to January in February the inflation rate was 1.1 percent compared to the same period of 2009 - 2.8 percent.

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