Inflation rate decreases in Azerbaijan
Baku, Azerbaijan, June 5
By Azad Hasanli – Trend:
Prices for consumer goods and tariffs for services in Azerbaijan increased by 3.2 percent in January-May 2018 as compared to January-May 2017, the State Statistics Committee said June 5.
The prices for food products increased by 3.2 percent, prices for non-food items – by 3.9 percent and the cost of paid services - by 2.6 percent during the reporting period.
The prices for food products decreased by 1.3 percent, prices for non-food items remained unchanged and the cost of paid services grew 1.6 percent in May 2018 compared to May 2017.
The inflation rate was 3.5 percent in January-April 2018 and 12.9 percent in 2017.
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