Today.Az » Business » Annual inflation drops to 8.5% in Azerbaijan
14 September 2011 [17:00] - Today.Az
In August, 2011, prices of consumer goods and services grew by 0.6% in July, foodstuffs prices cheapened 1%, non-food prices soared 0.2%, service tariffs – 0.3%.
As compared to January-August 2010, prices of service tariffs increased by 4.4%, foodstuffs – 11.7%, nonfood – 2.8%, service tariffs – 4.3%.
Remind that, annual inflation in the country made 8.7% in January-July, 2011.
Note that, IMF forecasts inflation in Azerbaijan for 2011 as 10.3%. But ADB forecasts it as 7.5%.
/APA/
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