Monetary inflation hit 1.6 percent in Azerbaijan in 2012
Azerbaijan, Baku, Jan. 17 / Trend /
The price on consumer goods and tariffs for services increased by 0.7 percent in Azerbaijan in December 2012 compared to the previous month, while inflation was 1.2 percent in January-December compared to the same period of 2011, the State Statistics Committee reported.
Food prices increased by 1.3 percent in December, tariffs for services and non-food prices remained unchanged.
Food prices increased by 0.8 percent, non-food by 1 percent, and tariffs for services by 1.2 percent in Jan.-Dec. 2012 compared to the same period of 2011.
In December, the consumer price base index, calculated with the exclusion of state- regulated prices and seasonal goods and services increased by 0.1 percent compared to the previous month and by 1.6 percent per annum.
During the month, prices declined on such food products as oils and fats (0.3 percent), sugar, jam, honey, chocolate and sweets (0.1 percent).
The price increased on fish (3.4 percent), dairy products, cheese and eggs (0.5 percent), vegetables (3.8 percent), fruit (6.1 percent).
The prices on non-food products and tariffs for provided services remained unchanged during the month.