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Inflation in Azerbaijan amounts to 2.6%

Business Materials 10 October 2018 17:56 (UTC +04:00)
Prices for consumer goods and service tariffs in Azerbaijan have increased by 2.6 percent in January-September 2018 compared to the same period
Inflation in Azerbaijan amounts to 2.6%

Baku, Azerbaijan, Oct. 10

Elchin Mehdiyev - Trend:

Prices for consumer goods and service tariffs in Azerbaijan have increased by 2.6 percent in January-September 2018 compared to the same period in 2017, the State Statistics Committee said in a statement Oct. 10.

The prices for food products have risen by 2.5 percent, the prices for non-food products - by 3 percent and the cost of paid services - by 2.5 percent during the period.

Prices for consumer goods and tariffs for services increased by 0.2 percent in September, for foodstuff products - by 0.4 percent, for non-food items - 0.4 percent, and the cost of paid services increased by 0.1 percent.

During the month, prices for flour, semolina, beef, lamb and chicken meat, sausages, fish products, dairy products, cheese and eggs, olive and vegetable oils, cucumber, tomato, carrots, potatoes, banana increased.

Meanwhile the prices for round rice, buckwheat, lemon, mandarin, apples, pears, pomegranates, watermelons, melons, grapes, greens, sweet peppers, eggplant, beans and onions have decreased.

In August, prices for textiles, clothing, building materials, furniture and household utensils, carpet and other floor coverings, home textiles, household appliances, electrical appliances, toys, books, stationery and jewelry increased.

On the other hand, prices for accessories and devices used in medicine, cars, bicycles, mobile phones and tablets dropped.

In September, compared to August, among paid services, prices for the repair of household appliances and automobiles, passenger services on air transport to the CIS countries, hairdresser, beautician, dentist, public catering, rent, tuition fees in computer and foreign language courses have increased.

Also, prices for recreation trips abroad, prices for passenger transportation services to the CIS countries by rail, and passenger transportation services by air to other countries (with the exception of CIS countries) have decreased.

In January-August 2018, inflation in Azerbaijan amounted to 2.7 percent, and in 2017 - 12.9 percent.

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