Annual inflation eased

From January to April this year, consumer price inflation in Azerbaijan made up 1.9%. In the first quarter, annual inflation was 2%, the State Statistics Committee.

Within four months of this year, non-food products in the country rose by an average 3.6%, while food prices rose 1.9%. More moderate were actions of providers: service prices on annual basis rose by only 0.3%.

This year, the government forecasts economic growth at about 5%. At the same time it promises average strip price growth will not exceed 3.5%.

In the years 2006-2012 consumer inflation exceeded 80%.

Bakudaily.az