Azernews.Az

By Nigar Abbasova

Azerbaijan recorded deflation in the amount of 0.3 percent in July, 2016, according to the State Statistics Committee.

Prices for food products decreased by 1.6 percent in July 2016 as compared to June, while the prices of non-food products increased by 0.2 percent. The cost of paid services rendered to the population rose by 1 percent. Average annual increase of prices as for July 2016 amounted to 10.6 percent.

Over the seven months of 2016, prices for consumer goods and services increased by 10.6 percent as compared to the same period of 2015. Prices for food products increased by 12 percent, while the prices of non-food products and paid services increased by 15.5 and 4.7 percent respectively.

In the group of foodstuff provision the increase was fixed in the process of buckwheat, oatmeal, barley, beef, chicken, sugar and sugar sand, berries, onions and garlic. Decrease of prices was observed in such products as eggs, non-pasteurized milk, fish products, apples, pears, watermelon, cucumber, tomatoes, aubergine, string beans, potatoes, and tobacco.

In the non-food market the increase of price was fixed in fabric, clothes, footwear, construction materials, jewellery, furniture and household articles, carpets, kitchen equipment and home appliances.

In the sphere of services the increase was observed in the prices for energy supply, international transportation of passengers by air and railway transport.

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Nigar Abbasova is AzerNews’ staff journalist, follow her on Twitter: @nigyar_abbasova

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