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Azerbaijan sees increase in inflation rate for Q12021

Finance Materials 16 April 2021 16:40 (UTC +04:00)
Azerbaijan sees increase in inflation rate for Q12021

BAKU, Azerbaijan, Apr. 16

By Zeyni Jafarov - Trend:

The consumer price index (CPI) in Azerbaijan increased by 3.9 percent from January through March 2021, Trend reports citing the State Statistical Committee.

As reported, the CPI for food, beverages and tobacco products rose by 4.8 percent, non-food products - by 3.6 percent, paid services to the population - by 2.3 percent, compared to the same period last year.

In March 2021, the consumer price index increased by 0.9 percent compared to February, and by 4.1 percent compared to March 2020.

Growth in March 2021 compared to March 2020 (%)

Growth in March 2021 compared to February 2021 (%)

Growth in 1Q2021 compared to 1Q2020 (%)

Total products and services

4.1

0.9

3.9

Food products

4.8

1.8

4.8

Food

4.7

1.7

4.7

Alcoholic drinks

1.7

0.5

2

Tobacco products

8.7

5.1

9.9

Non-food products

3.7

0.2

3.6

Payment systems

3.4

0.1

2.6

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Follow the author on Twitter: @jafarov_zeyni

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