Inflation in Azerbaijan slows down to 0.4% a month

Inflation in Azerbaijan slows down to 0.4% a month

Azerbaijan can expect a repeat of deflationary records of 2015.

The State Statistics Committee reports that in February 2016 it was registered a decline in the growth rate of the consumer price index (CPI) to 0.4% against a rise of 5.8% in January. As a result, for the current year consumer inflation of 6.2% was accumulated versus 7.6% for 2015.

In the second month of the current year the food prices rose by 0.6%, prices for services by 0.1%, while prices for nonfood goods by 0.6%.


Baku, Fineko/abc.az.