Annual inflation rate in Azerbaijan drops to 10%

In January–October 2023, the consumer price index was 110.2% compared to the same months of 2022, reported from the State Statistical Committee.

The consumer price index for food products, beverages, and tobacco products was 111.4%, for non-food products – 109.5%, and for paid services provided to the population – 109.1%.

In October 2023, the consumer price index was 100.4% compared to the previous month and 103.9% in comparison to October 2022.

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