Azeri authorities express confidence on inflation level in 2006

As ANS reports, the State Statistics Committee says last year prices went up 9.6 per cent. Mostly food staffs were made expensive-10.9 per cent. Non-food stuffs became expensive 5.4 per cent. Cervices went up 9.7 per cent. Rise in prices occurred mainly in last December-5.4 per cent. The State Statistics Committee explains it with New Year eve price rise.

The authorities say without the Decree on Anti-inflation Measures signed by Azeri president on May 2005, inflation level would have exceed 10 per cent. By the way, according to forecasts, the inflation rate in 2006 won’t exceed 9 per cent.