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Annual inflation in Azerbaijan totals 8.7 percent

Business Materials 13 August 2011 12:39 (UTC +04:00)

Azerbaijan, Baku, Aug.13 / Trend, N. Ismayilova /

Prices for consumer goods and tariffs for services in July 2011 dropped by 0.8 percent compared to June. The inflation increased by 8.7 percent compared to January -July 2010, the State Statistics Committee said on Friday.

Food prices in July dropped by 1.6 percent, non-food prices increased by 0.1, while tariffs for services remained unchanged.

Compared to January-July 2010, food prices grew by 11.9 percent and non-food prices - 2.8 percent, while tariffs for services - by 4.4 percent.

In July, the base index of the consumer prices dropped by 0.2 percent as compared to the previous month, while during the year increased by 6 percent compared to January-July 2010.

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