The Consumer Price Index (CPI) in Azerbaijan increased by 12.2 percent from January through July 2023, compared to the previous year, the State Statistical Committee of Azerbaijan said today.
The consumer price index stood at 12.7 percent at the end of June.
According Committee, food, beverages and tobacco prices went up by 14.3 percent over the year, while non-food products – by 11 percent. Meanwhile, paid services rendered to the population rose by 10.4 percent.
The country’s CPI in July 2023 decreased by 0.7 percent compared to the previous month and increased by 9.4 percent year-on-year.
Azerbaijan's CPI increased by 13.9 percent in 2022 compared to 2021.
Food, beverage, and tobacco prices went up by 19.5 percent, while non-food products – by 8.6 percent. Meanwhile, paid services rendered to the population rose by 10.4 percent.
The country’s CPI in December 2022 edged up by one percent compared to November 2022 and 14.4 compared to December 2021.
