Annual inflation in Azerbaijan totals 8.9 percent
Azerbaijan, Baku, June 16 /Trend, I.Khalilova /
Prices for consumer goods and tariffs for services in May 2011 dropped by 0.4 percent compared to April. The inflation made up 8.9 percent in January - May compared to the same period of the last year, the State Statistics Committee said on Friday.
Food prices in May dropped by 0.9 percent, non-food prices and tariffs for services remained unchanged.
During the month, meat products rose in price by 0.7 percent, fruit - 0.5 percent, coffee, tea and cocoa - 0.3 percent, alcoholic drinks - 0.1 percent, fish products fell in price by 0.8 percent, dairy products, cheese and eggs - one percent, vegetables - by 6.7 percent
Compared to January-May 2010, food prices grew by 12.7 percent and non-food prices - 2.9 percent, while tariffs for services - by 4.1 percent.
In May, among all economic regions of the country a major decline in consumer prices was observed in Baku (0.7 percent) and Absheron - 0.6 percent, whereas zero inflation was observed in the Upper Karabakh and Nakhchivan economic regions.
In May, the base index of the consumer prices remained unchanged as compared to the previous month, while during the year increased by 6.1 percent compared to January-May 2010.