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Prices down in May - govt

7 June 2011 09:30 (UTC+04:00)
Prices down in May - govt

BAKU – Deflation was reported in Azerbaijan in May, with prices edging down 0.4 percent compared to the previous month, the country’s statistics body has said.

The slight reduction in consumer prices is due to the 0.9 percent decrease in food prices.

Deflation of 0.3 pct was reported in the country in April.

Inflation made up 5.7 percent in Azerbaijan in 2010.

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