ERC presented alternative inflation data

Inflation in November was 1.86%.

According to the calculations of the Economic Research Center (ERC) conducted in 10 districts of the capital and the country, the growth in prices was observed in all the real economy. Food inflation was 2.7%, non-food prices rose by 1.16%, services - 0.51%. According to the State Statistics Committee, the price growth was at the level of 1%.

Most of the increase in consumer prices was reflected in Baku - 2.43% (food prices rose by 3.35%, non-food products - 1.94%, service 0.58%), in the areas of + 1.3% (food + 2 , 05%, non-food products + 0.40%, service 0.44%).

Since the beginning of the year, inflation, as calculated by the ERC, was 8.05% (12.25% in Baku and in regions 3.92%). On average, food rose in price by 1 December at 11.73%, non-food products - by 2.86%, and services - by 5.18%.

Per year (1 December 2011) the prices rose by 8.88% (in Baku at 13.46 and in the regions - by 4.37%). Food prices went up by 12.94%, non-food products - 2.56%, and services - by 6.56%. -17D-