Bloomberg News

Azerbaijan Consumer Prices Rise 3.7% in First Two Months of 2012

March 15, 2012

Azerbaijani consumer prices rose 3.7 percent from a year earlier in the first two months of 2012 as food and services costs increased, the State Statistics Committee said today on its website.

Inflation in the energy-rich Caspian Sea nation was 7.9 percent last year. Prices will advance less than 10 percent in 2012, according to the central bank.

To contact the reporter on this story: Zulfugar Agayev in Baku at zagayev@bloomberg.net

To contact the editor responsible for this story: Hellmuth Tromm at htromm@bloomberg.net


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