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Azerbaijan discloses inflation rate in January

Business Materials 9 February 2018 14:08 (UTC +04:00)

Baku, Azerbaijan, Feb. 9

By Azad Hasanli – Trend:

Prices for consumer goods and tariffs for services in Azerbaijan increased by 5.5 percent in January 2018 as compared to January 2017, the State Statistics Committee said Feb. 9.

The prices for food products increased by 6.9 percent, prices for non-food items – by 5.1 percent and the cost of paid services - by 3.9 percent during the reporting period.

The prices for food products increased by 0.5 percent, prices for non-food items – by 0.2 percent and the cost of paid services - by 0.8 percent in January 2018 compared to December 2017.

The inflation rate was 12.9 percent in 2017.

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