TODAY.AZ / Business

Arif Valiyev: Price rise of meat in Azerbaijan has artificial character

10 May 2011 [16:20] - TODAY.AZ
It is impossible to forecast that the expected growth of wages and pensions in Azerbaijan will cause inflation, Chairman of State Statistical Committee Arif Valiyev told journalists.

To him, inflation depends on how much the wages and pensions will be increased: Concrete opinion maybe said when the exact amount is known.

The Committee chairman noted that food and vegetable products were expected to cheapen in summer: "But some price rise is not excluded in autumn. Recent price rise in of meat and other food products has artificial character. Because we produce these products ourselves, we don not import them".

He noted that in April, deflation was recorded in Azerbaijan: "Price of construction materials rises especially in summer. I suppose that it will be so this year too. But in winter construction decreases, that is why, price of materials goes down".

Valiyev said that this year, level of poverty had been taken for consumer basket: "This amount is AZN 98. If there occur any inflation until the end of the year, the amount will rise a little".


/APA/
URL: http://www.today.az/news/business/85931.html

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