Today.Az » Business » Annual inflation drops to 8.8% in Azerbaijan
15 July 2011 [18:53] - Today.Az
Prices of consumer goods and services dropped by 0.9% in June, foodstuffs prices cheapened 1.8%, non-food prices soared 0.1%, service tariffs remained unchanged.
As compared to January-June 2010, prices of consumer goods and services increased by 8.8%, foodstuffs – 12.31%, nonfood – 2.9%, service tariffs – 4.3%.
Remind that, , annual inflation in the country made 8.9% in January-May, 2011.
Note that, IMF forecasts inflation in Azerbaijan for 2011 as 10.3%. But ADB forecasts it as 4%. According o prognoses of Azerbaijani government, this year, the inflation will be 5%.
/APA/
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