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Azerbaijan discloses inflation rate in February

Business Materials 9 March 2018 14:05 (UTC +04:00)
Prices for consumer goods and tariffs for services in Azerbaijan increased by 4.7 percent in January-February 2018 as compared to January-February 2017
Azerbaijan discloses inflation rate in February

Baku, Azerbaijan, March 9

By Azad Hasanli – Trend:

Prices for consumer goods and tariffs for services in Azerbaijan increased by 4.7 percent in January-February 2018 as compared to January-February 2017, the State Statistics Committee said March 9.

The prices for food products increased by 5.8 percent, prices for non-food items – by 4.7 percent and the cost of paid services - by 3.3 percent during the reporting period.

The monthly inflation rate for February 2018 was 0.2 percent in Azerbaijan.

The prices for food products increased by 0.4 percent, prices for non-food items – by 0.4 percent and the cost of paid services - by 0.1 percent in February 2018 compared to February 2017.

The inflation rate was 12.9 percent in 2017 and 5.5 percent in January 2018.

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