Inflation up 5 pct in Azerbaijan
BAKU - Inflation in Azerbaijan increased 4.9 percent in January-July compared to the same period of 2009. In July, however, domestic prices decreased 0.2 pct, according to the State Statistics Committee.
The Economic Research Center (ERC), an NGO researching inflation trends, estimated, however, that consumer prices edged up 0.29 pct last month. Prices rose 0.34 pct in the capital Baku and 0.24 pct in the country’s regions. Inflation increased 5.55 pct compared to July 2009, the center said.
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