Inflation to rise in 2010: officials
Inflation is expected to speed up in Azerbaijan in 2010 and make up
5-7% by the year-end, with the increase mostly projected on food
prices, the State Statistics Committee chairman has said.
Arif Valiyev said that along with monopolies, the inflationary rises are due to artificial price hikes.
He noted that in 2009 prices for consumer goods and service fees increased 1.5% in comparison with 2008. Non-food prices rose 3.4% and fees 7.1%. However, food prices decreased 1.5%.*
Arif Valiyev said that along with monopolies, the inflationary rises are due to artificial price hikes.
He noted that in 2009 prices for consumer goods and service fees increased 1.5% in comparison with 2008. Non-food prices rose 3.4% and fees 7.1%. However, food prices decreased 1.5%.*
Here we are to serve you with news right now. It does not cost much, but worth your attention.
Choose to support open, independent, quality journalism and subscribe on a monthly basis.
By subscribing to our online newspaper, you can have full digital access to all news, analysis, and much more.
Subscribe
You can also follow AzerNEWS on Twitter @AzerNewsAz or Facebook @AzerNewsNewspaper
Thank you!