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Inflation rate grows in Azerbaijan

Finance Materials 10 June 2020 14:53 (UTC +04:00)

BAKU, Azerbaijan, June 10

By Eldar Janashvili – Trend:

The Consumer Price Index (CPI) in Azerbaijan increased by 2.9 percent from January through May 2020 compared to the same period of 2019, Trend reports on June 10 referring to the Azerbaijani State Statistics Committee.

Meanwhile, the CPI for food, drinks and tobacco products increased by 5.5 percent, non-food products - by 1.2 percent, the paid services to the population - by 1 percent.

The CPI in the country decreased by 0.5 percent in May 2020 compared to April 2019 and by 2.9 percent compared to May 2019.

January through May 2020 compared to the same period of 2019 (%)

(May 2020 compared to April 2020) (%)

(May 2020 compared to May 2019) (%)

Total products and services

102.9

99.5

102.9

Food products including

105.5

98.7

105.5

Food

105.2

98.7

105.2

Alcoholic beverages

102.8

100.4

102.8

Tobacco products

114.5

100

114.5

Non-food products

101.2

100.1

101.2

Payment systems

101

100

101.0

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