In January-November of this year, consumer price inflation in Azerbaijan made annualized 2.3%, 1.1 % higher than in the comparable period in 2012. Turan was told in the State Committee on Statistics.
Experts predict that, given the December annual inflation rate will be at least 4%.
According to official estimates, on an annualized basis, food prices rose in January-November 2013 by 2.2%. Non-food prices rose only by 0.6 %. Service providers have increased rates by 3.4%.
Recall that the alternative count of inflation in Azerbaijan by civil society this year was not conducted.
In December, the government raised tariffs on fuel, as well as revised tariffs for telecommunication services. - 08D-
Economics
-
Azerbaijan President Ilham Aliyev has signed a decree to strengthen social protection for pensioners by implementing pension indexation, effective from January 1, 2025.
-
The Italian government has extended the deadline for applications in the international tender for the sale of several strategic assets until February 14, confirming that a bidder from Azerbaijan remains among the frontrunners.
-
An investigation led by Ghalib Toghrul, Chairman of the Board of the Center for Economic Research, has highlighted budgetary expenditures in the Azerbaijani districts of Aghdam, Fuzuli, and Khojavend, focusing on civil service projects linked to the reconstruction of territories liberated from Armenian occupation.
-
On February 4, Azerbaijani Economy Minister Mikayil Jabbarov met with a delegation of the International Monetary Fund (IMF) led by Anna Bordeaux, head of the IMF mission in Azerbaijan, to discuss economic cooperation, financial sector issues and structural reforms, the ministry said.
Leave a review