...

Deflation observed in Azerbaijan in August

Business Materials 5 September 2012 10:50
In August, prices for consumer goods and tariffs for services in Azerbaijan declined compared with the previous month by 0.5 percent, the State Statistics Committee said on Tuesday
Deflation observed in Azerbaijan in August

Azerbaijan, Baku, Sept. 4 / Trend A.Hasanov /

In August, prices for consumer goods and tariffs for services in Azerbaijan declined compared with the previous month by 0.5 percent, the State Statistics Committee said on Tuesday.

In August, food prices fell by 0.8 percent, prices and tariffs for paid services rendered to the population decreased by 0.3 percent, the prices for industrial goods remained unchanged.

During the month, there was a decline in prices for buckwheat, chicken, fish, butter, sunflower oil and corn oil, sugar, sugar sand, bananas, apples, pears, peaches, tomatoes, cucumbers, bell peppers, eggplant, onions, and potatoes.

Price increase was observed in such foods as flour, semolina, bread, beef and veal, chestnuts, cabbage, greens, beets, carrots, beans, garlic, watermelon and cantaloupe.

"In August there was a reduction in tariffs on Internet", the report says.

The official exchange rate is 0.7853 AZN to $1 on Sept. 4.

Latest

Latest