In August, consumer prices fell by 0.1% - GCS

In August of this year, consumer prices in Azerbaijan declined compared to July by 0.1%, the State Statistics Committee.

Statistical observations covered all over the country, found that in the last month in relation to July, food prices fell by 0.3%, tariffs for services rendered to the population - 0.1%. For a month the prices of non-food products rose by an average of 0.1%.

In August compared to July was recorded decrease in prices for buckwheat, beef and mutton, butter, sugar, many seasonal fruits and berries.

There has been a rise in prices of rice, pasta, chicken, fish, eggs, vegetable oil, alcohol, green and black tea, etc.

In non-food products price increase was seen in the fabric, building materials, spare parts of cars, household appliances. It was also registered a decline in prices for clothing, medicine, cars, telephone.

According to the SSC, the prices for airline tickets for international airlines in August were down, and the fee study in institutions of higher education increased.

Deflation is observed in Azerbaijan since April,  and  has been lasting  for the fifth month.

Below is a dynamics of prices for consumers' goods and services in relation to the previous month:

08D